GBPUSD Forecast
The GBPUSD had a bearish momentum yesterday bottomed at 1.5109 as a part of the bearish scenario after broke below the bullish channel as you can see on my H1 chart below. The bias remains bearish in nearest term testing 1.5090. A clear break below that area could trigger further bearish pressure testing 1.5000 psychological level. Immediate resistance is seen around 1.5150. A clear break above that area could lead price to neutral zone in nearest term testing 1.5200 area which remains a good place to sell with a tight stop loss.
