GBPUSD Forecast
The GBPUSD failed to continue its bullish momentum yesterday bottomed at 1.4686. The bias is bearish in nearest term testing 1.4630 area. Immediate resistance is seen around 1.4820 – 1.4850. A clear break above that area could lead price to neutral zone in nearest term but overall I still prefer a bearish scenario at this phase.


By FXOpen