GBPUSD Daily Forecast: June 07 2016

GBPUSD Daily Forecast: June 07 2016

GBPUSD Forecast
The GBPUSD attempted to push lower yesterday bottomed at 1.4351 but closed higher at 1.4438. The  bias is neutral in nearest term probably with a little bullish bias testing 1.4520/50 region. Immediate support is seen around 1.4400 followed by 1.4350. As you can see on my daily chart below price is moving sideways between 1.4700 – 1.4350 and need a clear break from that range area to see clearer direction.