GBPUSD Forecast
The GBPUSD was indecisive yesterday but overall still able to maintain its bullish intraday bias. The bias remains bullish in nearest term testing 1.5400 – 1.5450 area. Immediate support is seen around 1.5300. A clear break below that area could lead price to neutral zone in nearest term testing 1.5250 area and keep the bearish scenario (after the break below the bullish channel) alive and kicking. My major technical outlook is neutral, but a clear break and daily/weekly close above 1.5450 would activate my bullish mode.
