GBPUSD extended its upside movement from 1.3711 to as high as 1.4088, breaking above 1.4069 resistance. As long as the price is above the bullish trend line on the 4-hour chart, the upside movement could be expected to continue and next target would be at 1.4200 area. Near term support is at 1.3980, a breakdown below this level could bring price back towards the bullish trend line. Only a clear break below the trend line support could signal completion of the uptrend.
