GBPUSD Forecast
The GBPUSD had a strong bearish momentum yesterday bottomed at 1.5451. The bias remains bearish in nearest term testing 1.5375. Immediate resistance is seen around 1.5535. A clear break above that area could lead price to neutral zone in nearest term testing 1.5600 area. Potential daily range today is seen between 1.5375 – 1.5535. My bearish mode is now activated.
