GBPUSD Forecast
The GBPUSD attempted to push higher yesterday topped at 1.4222 but whipsawed to the downside and closed lower at 1.4173, printed a bearish pin bar as you can see on my daily chart below. The bias is neutral in nearest term. Overall I remain bullish but the appearance of the bearish pin bar could trigger a bearish correction. Immediate support is seen around 1.4160. A clear break below that area could trigger further bearish pressure testing 1.4100 area. On the upside, a clear break above 1.4222 would expose 1.4275 key resistance area which need to be clearly broken to the upside to resume the major bullish trend.

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