GBPUSD Forecast
The GBPUSD had another indecisive movement yesterday. As you can see on my hourly chart below price is moving sideways without clear direction. The bias is neutral in nearest term. Potential daily range is seen between 1.4750 – 1.4900. A clear break and daily close above 1.4900 could trigger further bullish pressure testing 1.5000. On the other hand, a clear break and daily close below 1.4750 could trigger further bearish pressure testing 1.4633 area. All eyes will be on the US NFP tomorrow.
