GBPUSD Forecast
The GBPUSD had another indecisive movement last week, formed another Doji on weekly chart. Price attempted to push higher, slipped above 1.4365 but whipsawed to the downside and closed lower at 1.4242. My major technical outlook remains bearish but we need a consistent movement at least below 1.4200 – 1.4170 to potentially end the bullish correction phase retesting 1.4080 area. The bias is neutral in nearest term probably with a little bullish bias as we have a pin bar formation after a false break below 1.4170 as you can see on my H1 chart below testing 1.4300 – 1.4365 region.
