GBPUSD Forecast
The GBPUSD was indecisive last week. As you can see on my hourly chart below the bullish channel has been violated suggests a bearish outlook in nearest term testing 1.5170 key support. Immediate resistance is seen around 1.5340. A clear break back above that area could lead price to neutral zone in nearest term as direction would become unclear. Overall I prefer a bearish scenario at this phase.
