GBPUSD Daily Forecast: April 30

GBPUSD Forecast
The GBPUSD continued its bearish momentum last week bottomed at 1.3746 as a part of the bearish phase after the false breakout above 1.4275 key resistance area as you can see on my daily chart below. The bias remains bearish in nearest term testing 1.3710 and the major trend line support (located around 1.3650) which is a good place to buy with a tight stop loss below 1.3650 as a clear break below that area would invalidate my major bullish trend. Immediate resistance is seen around 1.3850. A clear break and daily close above that area could lead price to neutral zone in nearest term testing 1.3933 region.