GBPUSD Forecast
The GBPUSD didn’t make significant movement yesterday. The bias remains neutral in nearest term probably with a little bearish bias. Immediate support is seen around 1.5530. A clear break below that area could trigger further bearish pressure testing 1.5450 region. Immediate resistance is seen around 1.5600. A clear break and daily close above that area could trigger further bullish pressure testing 1.5700 area. Potential daily range today is seen between 1.5600 – 1.5450.
