GBPUSD Daily Forecast

The GBPUSD had a bullish momentum yesterday, topped at 1.6556 and closed at 1.6547. The bias is bullish in nearest term testing key resistance area 1.6660. However as long as the pair moves below that area, the medium outlook remains unclear. Immediate support is seen at 1.6470. Break below that area should trigger further bearish momentum. CCI just cross the 100 line up on daily chart suggesting potential upside pressure.