GBPUSD Forecast
The GBPUSD had a bullish momentum last week topped at 1.5382 but closed a little bit lower at 1.5304. The bias is neutral in nearest term probably with a little bullish bias testing 1.5450 area. A clear break and daily close above that area could trigger further bullish scenario targeting 1.5500 or higher and activate my bullish mode. Immediate support is seen around 1.5300. A clear break below that area could trigger further bearish pressure testing 1.5250 area. Potential daily range today is seen between 1.5300 – 1.5450.
