GBPUSD Forecast
The GBPUSD was indecisive last week, formed a Doji on weekly chart. The bias is neutral in nearest term probably with a little bearish bias testing 1.5420 support area. Immediate resistance is seen around 1.5560. A clear break above that area could trigger further bullish pressure testing 1.5600 or higher. Potential daily range is seen between 1.5560 – 1.5420. Overall I still prefer a bearish scenario at this phase.
