GBPUSD Forecast
The GBPUSD had a moderate bullish momentum yesterday topped at 1.5769. The bias remains neutral in nearest term probably with a little bullish bias testing 1.5800. A clear break above that area could trigger further bullish pressure testing 1.5900 region. Immediate support is seen around 1.5715 followed by 1.5650. Overall I still prefer a bullish scenario but need a clear break above 1.5800 to give the bullish scenario another chance.
