GBPUSD Forecast
The GBPUSD had another indecisive movement yesterday. The bias remains neutral in nearest term. Immediate support is seen around 1.5590. A clear break below that area could trigger further bearish pressure testing 1.5550. Immediate resistance is seen around 1.5675. A clear break above that area could trigger further bullish pressure testing 1.5750 area. Potential daily range today is seen between 1.5550 – 1.5675. My major technical outlook remains neutral.
