GBPUSD Daily Forecast: March 20

GBPUSD Forecast
The GBPUSD had a significant bullish momentum yesterday topped at 1.4087. Price broke above the triple top formation which gives further confirmation to the bullish scenario after broke above the bearish channel as you can see on my daily chart below. The bias is bullish in nearest term testing 1.4100 – 1.4150 region. Immediate support is seen around 1.3995 region. A clear break below that area could lead price to neutral zone in nearest term testing 1.3920 area but overall I remain bullish and any downside pullback should be seen as a good opportunity to buy.

Triple top and bearish channel