GBPUSD Forecast
The GBPUSD had a bearish momentum yesterday bottomed at 1.4351 but closed higher at 1.4445. The bias remains bearish in nearest term retesting 1.4350 region before targeting 1.4250 area. Immediate resistance is seen around 1.4500. A clear break above that area could lead price to neutral zone in nearest term testing 1.4550 – 1.4600 region but overall I remain bearish and any upside pullback should be seen as a good opportunity to sell.
