GBPUSD Forecast
The GBPUSD continued its bearish momentum yesterday bottomed at 1.4892. The bias remains bearish in nearest term testing 1.4850 – 1.4800. Immediate resistance is seen around 1.4950. A clear break above that area could lead price to neutral zone in nearest term testing 1.5000 area but any upside pullback now is normal and should be seen as a good opportunity to sell.
