GBPUSD Daily Forecast: April 27 2016
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).