The GBPUSD continued its bearish momentum yesterday bottomed at 1.4082. The bias remains bearish in nearest term testing 1.4050. A clear break and daily close below that area could trigger further bearish pressure testing 1.3900 region.
Immediate resistance is seen around 1.4150. A clear break above that area could lead price to neutral zone in nearest term testing 1.4200 area.
GBPUSD, H1
Origin: FXOpen
