GBPUSD Daily Forecast: April 26 2016
The GBPUSD was indecisive yesterday. Price slipped above 1.4500 but still unable to stay above that area so far. The bias remains bullish in nearest term. Price is still in my “sell zone” but a clear break and consistent movement above 1.4500 could trigger further bullish pressure testing 1.4600 or higher. Immediate support is seen around 1.4450. A clear break below that area could lead price to neutral zone in nearest term testing 1.4400 area. My major technical outlook remains neutral.