GBPUSD Forecast
The GBPUSD had a bullish momentum last week topped at 1.5052. The bias is bullish in nearest term especially if price able to make a consistent movement above 1.5000 testing 1.5100 or higher. Like I said, a clear break above 1.5000 could be an early signal of a major bullish reversal scenario so we are at a very important technical point now. Immediate support is seen around 1.4920. A clear break below that area could lead price to neutral zone in nearest term testing 1.4880/50 region.
