GBPUSD Daily Forecast: February 25 2016

The GBPUSD continued its bearish momentum yesterday, bottomed at 1.3878. The bias remains bearish in nearest term testing 1.3800. Immediate resistance is seen around 1.3965. A clear break above that area could lead price to neutral zone in nearest term testing 1.4000 or higher but overall I remain bearish and any upside pullback should be seen as a good opportunity to sell.