GBPUSD Daily Forecast: April 04 2016

GBPUSD Daily Forecast: April 04 2016

4 April 2016, 05:51
Roberto Jacobs
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GBPUSD Daily Forecast: April 04 2016

GBPUSD Forecast

The GBPUSD attempted to push higher last week topped at 1.4459 but whipsawed to the downside and closed lower at 1.4223. The bias is bearish in nearest term especially if price able to make a clear break below 1.4200 testing 1.4120. Immediate resistance is seen around 1.4280. A clear break above that area could lead price to neutral zone in nearest term testing 1.4325 or higher. My major technical outlook remains neutral.

gbpusd1


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