GBPUSD Forecast
The GBPUSD was indecisive yesterday. The bias is neutral in nearest term but overall I remain bearish with nearest bearish target seen around 1.5300. Immediate resistance is seen around 1.5420. A clear break above that area could trigger further bullish pressure testing 1.5500 area. On the downside, a clear break and daily/weekly close below 1.5300 could trigger further bearish scenario targeting 1.5170 area next week.
