GBPUSD Forecast
The GBPUSD had a bearish momentum yesterday bottomed at 1.4802. The bias remains bearish in nearest term testing 1.4750. Immediate resistance is seen around 1.4860. A clear break above that area could lead price to neutral zone in nearest term testing 1.4900/20 area. Overall price has been moving sideways without clear direction between 1.5000 – 1.4750 as you can see on my hourly chart below.
