GBPUSD Forecast
The GBPUSD was indecisive yesterday. As you can see on my hourly chart below, the lower line of the bullish channel still provides good support so far. The bias is neutral in nearest term. Immediate resistance is seen around 1.5585. A clear break above that area could trigger further bullish pressure testing 1.5630/70 region. On the downside, a clear break below the bullish channel and 1.5450 could be an early signal of a bearish reversal scenario.
