GBPUSD Forecast
The GBPUSD had a bullish momentum last week topped at 1.5521. The bias remains bullish in nearest term testing 1.5550. A clear break and daily close above that area could trigger further bullish pressure testing 1.5600/20 area. Immediate support is seen around 1.5400. A clear break below that area could lead price to neutral zone in nearest term testing 1.5340 but overall I still prefer a bullish scenario and any downside pullback now should be seen as a good opportunity to buy.
