GBPUSD Daily Forecast: March 29

GBPUSD Forecast
The GBPUSD had a bearish momentum yesterday on broad USD rally after a better than expected US final GDP data and now struggling around 1.4075 support area as you can see on my daily chart below, which is a good place to buy with a tight stop loss as a clear break below 1.4075 would expose 1.4000 or lower. Immediate resistance is seen around 1.4125. A clear break above that area could lead price to neutral zone in nearest term testing 1.4175 – 1.4200 region. Overall I remain bullish.