GBPUSD Daily Forecast: April 05 2016

GBPUSD Daily Forecast: April 05 2016

5 April 2016, 06:01
Roberto Jacobs
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GBPUSD Daily Forecast: April 05 2016

GBPUSD Forecast

The GBPUSD attempted to push higher yesterday topped at 1.4321 but closed lower at 1.4261. The bias is neutral in nearest term probably with a little bearish bias testing 1.4200 support area. Immediate resistance is seen around 1.4325. A clear break above that area could trigger further bullish pressure retesting 1.4400 region which remains a good place to sell. My major technical outlook remains neutral.

gbpusd1


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