GBPUSD Forecast
The GBPUSD attempted to push lower yesterday bottomed at 1.5256 but whipsawed to the upside and closed higher at 1.5383. The bias is bullish in nearest term testing 1.5435. Overall I still prefer a bearish scenario at this phase and selling around 1.5435 seems to be a good idea with a tight stop loss targeting 1.5170 or lower. Immediate support is seen around 1.5330. A clear break below that area could lead price to neutral zone in nearest term testing 1.5280/50 area.
