GBPUSD Forecast
The GBPUSD had a significant bearish momentum yesterday, broke below the triangle/pennant and H1 EMA 200 as you can see on my H1 chart below bottomed at 1.5199. The bias is bearish in nearest term testing 1.5150 area. Immediate resistance is seen around 1.5300. A clear break above that area could lead price to neutral zone in nearest term as direction would become unclear. Potential daily range today is seen between 1.5150 – 1.5300.
