The GBPUSD had a strong bullish momentum yesterday topped at 1.4503. The bias remains bullish in nearest term testing 1.4580 area. Immediate support is seen around 1.4400.
A clear break below that area could lead price to neutral zone in nearest term but as long as stays above 1.4300 price is still in a bullish phase as a part of a bullish scenario after a false break below 1.4130 as you can see on my H1 chart below. My major technical outlook is neutral.
GBP/USD, H1
Origin: FXOpen
