GBPUSD Daily Analysis – March 31, 2020

GBPUSD pulled back from 1.2485. As long as the price is above the rising trend line on the 4-hour chart, the pullback could be treated as consolidation for the uptrend from 1.1409, further rise to 1.2800 is possible after the consolidation. Only break below the trend line support could signal completion of the uptrend.

GBPUSD 4-hour chart