GBPUSD might be forming a short term cycle bottom at 1.4110 on 4-hour chart. Near term resistance is at the falling trend line and key resistance is located at 1.4360, a break above this level will confirm the cycle bottom and then further rally could be seen to 1.4500-1.4550 area. Initial support is at 1.4110, only fall below this level will signal deeper decline to 1.3800 zone.

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