GBPUSD Forecast
The GBPUSD had a significant bullish momentum yesterday after break above the bullish flag formation as you can see on my h4 chart below and hit 1.6745 earlier today in Asian session. The bias is bullish in nearest term testing 1.6850 area before testing 1.7000. Immediate support at 1.6635. A clear break below that area would lead us to neutral zone in nearest term but overall the technical bias remains strongly to the upside.
The GBPUSD had a significant bullish momentum yesterday after break above the bullish flag formation as you can see on my h4 chart below and hit 1.6745 earlier today in Asian session. The bias is bullish in nearest term testing 1.6850 area before testing 1.7000. Immediate support at 1.6635. A clear break below that area would lead us to neutral zone in nearest term but overall the technical bias remains strongly to the upside.