GBPUSD Forecast
The GBPUSD was indecisive yesterday but overall still able to maintain its bearish bias. Price attempted to push higher topped at 1.4604 but closed lower at 1.4539. The bias remains bearish in nearest term testing 1.4450. A clear break and daily close below that area could trigger further bearish pressure targeting 1.4250 this week. Immediate resistance is seen around 1.4600. A clear break above that area could lead price to neutral zone in nearest term testing 1.4665 but overall I remain bearish and any upside pullback should be seen as a good opportunity to sell.
