GBPUSD Forecast
The GBPUSD was indecisive yesterday. The bias remains bullish in nearest term testing 1.5500 area. Immediate support remains around 1.5340. A clear break below that area could lead price to neutral zone in nearest term testing 1.5300 – 1.5285 support area. Potential daily range today remains between 1.5340 – 1.5500. Overall I still prefer a bearish scenario at this phase but need a clear break at least back below 1.5285 to keep the bearish scenario remains strong retesting 1.5200 – 1.5150 key support area.
