GBPUSD Forecast
The GBPUSD continued its bearish momentum yesterday bottomed at 1.5169. The bias remains bearish in nearest term testing 1.5100 – 1.5085. Immediate resistance is seen around 1.5240. A clear break above that area could lead price to neutral zone in nearest term testing 1.5300 but overall I remain bearish and any upside pullback should be seen as a good opportunity to sell targeting 1.5000 – 1.4960 area.
