GBPUSD Forecast
The GBPUSD was indecisive yesterday. The bias is neutral in nearest term. Overall I still prefer a bearish scenario at this phase with a tight stop loss above 1.5400 targeting 1.5170 or lower. Immediate support is seen around 1.5280. A clear break below that area could trigger further bearish pressure testing 1.5200 – 1.5170. On the upside, a clear break above 1.5400 would interrupt the bearish outlook testing 1.5500 or higher.
