GBPUSD Daily Forecast: February 22

GBPUSD Daily Forecast: February 22

22 February 2016, 06:52
Roberto Jacobs
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GBPUSD Daily Forecast: February 22
22 Februari 2016 3:28 AM

GBPUSD Forecast

The GBPUSD gapped down earlier today, opened more than 100 pips below Friday’s close price. The bias is neutral in nearest term, probably with a little bullish bias since gaps are usually get filled, testing 1.4390 area. Immediate support is seen around 1.4235. A clear break and daily close below that area could trigger further bearish pressure testing 1.4080 region.

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