GBPUSD Forecast
The GBPUSD attempted to push higher yesterday topped at 1.5687 but whipsawed to the downside and closed lower at 1.5580. The bias is bearish in nearest term testing 1.5550. A clear break below that area could trigger further bearish pressure testing 1.5500 region. Immediate resistance is seen around 1.5615. A clear break above that area could lead price to neutral zone in nearest term testing 1.5675 area. Potential daily range today remains between 1.5550 – 1.5675. My major technical outlook remains neutral.
