GBPUSD Daily Analysis – July 21, 2020

GBPUSD broke above 1.2669 resistance, suggesting that the uptrend from 1.2251 has resumed. Further rise could be expected and next target would be at 1.2800 area. Key support is at 1.2479, only break below this level could signal completion of the uptrend.

GBPUSD 4-hour chart