GBPUSD Daily Forecast: April 27 2016

GBPUSD Daily Forecast: April 27 2016

27 April 2016, 05:48
Roberto Jacobs
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GBPUSD Daily Forecast: April 27 2016

GBPUSD Forecast

The GBPUSD had a bullish momentum yesterday topped at 1.4638. The bias is bullish in nearest term testing 1.4670 resistance area. Immediate support is seen around 1.4540. A clear break below that area could lead price to neutral zone in nearest term testing 1.4500 area or lower. On the upside, a clear break and daily close above 1.4670 could trigger further bullish pressure testing 1.4750 key resistance (daily EMA 200).

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