GBPUSD Daily Analysis – May 26, 2020

No changed in our view, GBPUSD remains in the uptrend from 1.2073, the pullback from 1.2296 could be treated as consolidation for the uptrend. Another rise could be expected and next target would be at 1.2450 area. Support is at 1.2073, only break below this level could trigger another fall towards 1.1900.

GBPUSD 4-hour chart