GBPUSD Forecast
The GBPUSD had another indecisive movement yesterday. There are no changes in my technical outlook. The bias remains neutral in nearest term. Potential daily range remains between 1.4750 – 1.4900. A clear break and daily/weekly close above 1.4900 could trigger further bullish pressure testing 1.5000. On the other hand, a clear break and daily/weekly close below 1.4750 could trigger further bearish pressure testing 1.4633 area. All eyes will be on the US NFP today.
