Long-term looking, now when we have seen break above 1.43 handle, we believe pair could reach 1.45 handle given enough time and thus we would be buyers on a break above day's high as well as pullbacks that show signs of support. Selling is not an option at the moment.
GBP/USD Daily Forecast - 31 March
Sterling broke above 1.44 handle in the course of the yesterday's session, but found area above 1.4450 level to be too resistive at the moment, and pulled back by the end of the session, breaking again below 1.44 handle, which indicates that pair could struggle now to break higher, especially if we keep in mind how resistive 1.45 handle is. Tomorrow pair is likely to find support around 1.43 level and resistance above 1.4450 and 1.4480 area in extension.
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