GBPUSD Forecast
The GBPUSD attempted to push higher yesterday topped at 1.4953 but closed lower at 1.4879. As you can see on my h1 chart below price is moving sideways without clear direction. The bias is neutral in nearest term. Immediate support is seen around 1.4850/30. A clear break below that area could trigger further bearish pressure testing 1.4750 region. Immediate resistance is seen around 1.4920. A clear break above that area could trigger further bullish pressure testing 1.5000 area.


By FXOpen