GBPUSD Forecast
The GBPUSD was indecisive yesterday. Price attempted to push higher slipped above 1.5400 but unable to stay consistently above that area so far. My major bearish scenario remains intact, but as you can see on my hourly chart below price is still moving inside a bullish channel suggests a bullish correction phase and need a clear break below 1.5340 to give the bearish scenario another chance testing 1.5250 area or lower. Immediate resistance is seen around 1.5375 followed by 1.5440.
