GBPUSD Daily Forecast: March 29 2016
The GBPUSD had a bullish momentum yesterday topped at 1.4282. The bias is bullish in nearest term testing 1.4300 – 1.4400 region as a part of the bullish phase since rejection to move below 1.4050 support area as you can see on my H1 chart below. Immediate support is seen around 1.4200. A clear break below that area could lead price to neutral zone in nearest term testing 1.4120 region. My major technical outlook remains neutral.