GBPUSD Forecast
The GBPUSD was indecisive yesterday but overall still able to maintain its bullish intraday bias and hit 1.5184 earlier today. The bias remains bullish in nearest term testing 1.5200 which remains a good place to sell with a tight stop loss targeting 1.5000 region. Immediate support is seen around 1.5130. A clear break below that area could lead price to neutral zone in nearest term testing 1.5080/50 area. On the upside, a clear break above 1.5200 could trigger further bullish pressure testing 1.5250 – 1.5300 area. My major technical outlook is neutral.
