GBPUSD Forecast
The GBPUSD had a bearish momentum last week bottomed at 1.4586. The bias remains bearish in nearest term testing 1.4550 – 1.4500 area. Immediate resistance is seen around 1.4670. A clear break above that area could lead price to neutral zone in nearest term testing 1.4700 – 1.4750 but overall I still prefer a bearish scenario at this phase.
