GBPUSD Daily Forecast
The GBPUSD had indecisive movement yesterday, formed a Doji formation on daily chart. On h4 chart below we can see that the pair is struggling around trendline area. I think we are in no trading zone now and it’s better to stay away from the market. The bias is neutral in nearest term. Immediate resistance is seen at 1.6550 followed by 1.6660. Break above 1.6660 should trigger further bearish scenario in medium term. Initial support at 1.4350. CCI in neutral area both on h4 and daily chart.