GBPUSD (1.4303): The British pound maintained strong gains on the day with the currency pair testing fresh highs of 1.4377. The 4-hour chart shows the Stochastics oscillator building up the momentum, which could signal further gains in the near term. However, unless the previous high is breached, we expect to see price action likely to correct back to the 1.4232 level of support in the near term
