GBPUSD Forecast
The GBPUSD was indecisive yesterday. The bias is neutral in nearest term but as long as stays below the trend line resistance and H1 EMA 200 I still prefer a bearish scenario at this phase. Immediate resistance is seen around 1.4780. A clear break above that area could trigger further bullish pressure testing 1.4865 but any upside pullback is normal and should be seen as a good opportunity to sell. Immediate support is seen around 1.4663 (yesterday’s low). A clear break below that area could trigger further bearish pressure testing 1.4600 or lower.
