GBPUSD Daily Forecast: March 04 2016

The GBPUSD continued its bullish momentum yesterday topped at 1.4194. The bias remains bullish in nearest term testing 1.4300 area. Immediate support is seen around 1.4080 (former /broken resistance). A clear break below that area could lead price to neutral zone in nearest term as direction would become unclear. Fundamental focus today will be on the US NFP data.