GBPUSD Forecast
The GBPUSD was indecisive yesterday. The bias is neutral in nearest term. Potential daily range is seen between 1.5800 – 1.5650. Overall I still prefer a bullish scenario at this phase but need a clear break back above 1.5800 to give the bullish scenario another chance targeting 1.6000 region. On the downside, a clear break below 1.5650 could trigger further bearish pressure testing 1.5600 or lower.

gbpusdh1

By FXOpen