GBPUSD Forecast
The GBPUSD was corrected higher yesterday and hit 1.5334 earlier today. The bias is bullish in nearest term but overall I still prefer a bearish scenario at this phase and now is a good time and place to sell with a tight stop loss above 1.5360 with nearest target seen around 1.5200 area. Immediate support is seen around 1.5280. A clear break below that area could lead price to neutral zone in nearest term but would keep the bearish scenario after broke below the trend line support remains strong testing 1.5200 area. My major technical outlook remains neutral.
