GBPUSD Daily Forecast: March 26

GBPUSD Forecast
The GBPUSD had a bullish momentum last week topped at 1.4218 but closed a little bit lower at 1.4099. Price printed a bearish pin bar as you can see on my daily chart below but still unable to break below 1.4075 support area so far, which need to be broken to give further confirmation to the bearish pin bar scenario testing 1.4000 area. The bias is neutral in nearest term. Immediate resistance is seen around 1.4218. A clear break and daily close above that area would invalidate the bearish pin bar scenario testing 1.4275 key resistance area. Overall I remain bullish.