GBPUSD Forecast
The GBPUSD attempted to push higher yesterday topped at 1.5025 but quickly whipsawed to the downside and hit 1.4872 earlier today. The bias is bearish in nearest term testing 1.4850 – 1.4800 area. Immediate resistance is seen around 1.4920. A clear break above that area could lead price to neutral zone in nearest term testing 1.5000 region but overall I remain bearish and still prefer to sell on rallies.


By FXOpen