GBPUSD Daily Forecast: March 27

GBPUSD Forecast
The GBPUSD had a significant bullish momentum yesterday, slipped above the “tail” of the bearish pin bar as you can see on my daily chart below. This fact invalidates the bearish pin bar scenario. The bias is bullish in nearest term testing 1.4275 – 1.4344 key resistance area as a part of the bullish phase after broke above the bearish channel. Immediate support is seen around 1.4190. A clear break below that area could lead price to neutral zone in nearest term testing 1.4125 region but overall I remain bullish and any downside pullback should be seen as a good opportunity to buy.