GBPUSD Daily Forecast: February 22

a-4The GBPUSD gapped down earlier today, opened more than 100 pips below Friday’s close price.

The bias is neutral in nearest term, probably with a little bullish bias since gaps are usually get filled, testing 1.4390 area.

Immediate support is seen around 1.4235. A clear break and daily close below that area could trigger further bearish pressure testing 1.4080 region.

 

Origin: FXOpen

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