The GBPUSD attempted to push higher yesterday, topped at 1.6242 but closed lower at 1.6167. The bias is neutral in nearest term and I think we are in no trading zone now. On daily chart below we can see that the battle now is between the trendline resistance (aqua) and the trendline support (red). A Break on either side should give us clearer direction. Break above the trendline resistance should trigger further bullish momentum towards 1.6456 area while break below the trendline support should trigger further bearish momentum testing 1.6000/40 area before aim for 1.5800 area.
![Oklahoma Tornado 2013: Photos And Footage Of The Twister's Devastation [PICTURES, VIDEO]](http://s1.ibtimes.com/sites/www.ibtimes.com/files/styles/v2_thumbnail/public/2013/05/20/oklahoma-tornado_1.png "Oklahoma Tornado 2013: Photos And Footage Of The Twister's Devastation [PICTURES, VIDEO]")
![Singapore Supervisor Slaps Intern To 'Nurture' Him In Viral Clip [VIDEO]](http://s1.ibtimes.com/sites/www.ibtimes.com/files/styles/v2_thumbnail/public/2013/05/21/singapore-supervisor.png "Singapore Supervisor Slaps Intern To 'Nurture' Him In Viral Clip [VIDEO]")
![Fort Worth Texas Tornadoes Claim 6 Lives: Pictures And Videos During The Storm And Its Aftermath [PHOTOS/VIDEO]](http://s1.ibtimes.com/sites/www.ibtimes.com/files/styles/v2_medium/public/2013/05/16/tornado.PNG "Fort Worth Texas Tornadoes Claim 6 Lives: Pictures And Videos During The Storm And Its Aftermath [PHOTOS/VIDEO]")
![Introducing Skywhale: Canberra, Australia’s Controversial $300K Centenary Balloon [PHOTOS]](http://s1.ibtimes.com/sites/www.ibtimes.com/files/styles/v2_medium/public/2013/05/14/skywhale.jpeg "Introducing Skywhale: Canberra, Australia’s Controversial $300K Centenary Balloon [PHOTOS]")
![Meet Ahmed Angel: The Greatest Internet Superstar. Ever. [PHOTOS]](http://s1.ibtimes.com/sites/www.ibtimes.com/files/styles/v2_medium/public/2013/05/14/ahmed-angel.jpg "Meet Ahmed Angel: The Greatest Internet Superstar. Ever. [PHOTOS]")
![Airbus Shows Off The First A350 XWB, The Boeing 787's Rival [PHOTOS]](http://s1.ibtimes.com/sites/www.ibtimes.com/files/styles/v2_multimedia/public/2013/05/13/a350.jpg "Airbus Shows Off The First A350 XWB, The Boeing 787's Rival [PHOTOS]")
![Lisalla Montenegro: Meet Angels Pitcher C.J. Wilson’s New Supermodel Fiancé [PHOTOS]](http://s1.ibtimes.com/sites/www.ibtimes.com/files/styles/v2_medium/public/2013/05/10/lisalla-montenegro_3.jpg "Lisalla Montenegro: Meet Angels Pitcher C.J. Wilson’s New Supermodel Fiancé [PHOTOS]")
![Surviving Sandy: The Rockaways Rise From The Ashes Six Months Later [PHOTOS]](http://s1.ibtimes.com/sites/www.ibtimes.com/files/styles/v2_medium/public/2013/05/09/breezy-point_4.JPG "Surviving Sandy: The Rockaways Rise From The Ashes Six Months Later [PHOTOS]")
Like or Follow us for updates on the biggest stories!