The GBPUSD continued its bullish momentum yesterday topped at 1.4404.
The bias remains bullish in nearest term especially if price able to make a clear break and consistent movement above 1.4400 testing 1.4500 region. Immediate support is seen around 1.4325. A clear break below that area could lead price to neutral zone in nearest term testing 1.1.4250 area.
My major technical outlook remains neutral and I think 1.4400 – 1.4500 region is a good place to sell with a tight stop loss above 1.4500.
GBPUSD, H1
Origin: FXOpen
