GBPUSD Forecast
The GBPUSD failed to continue its bearish momentum last week topped at 1.5475. The bias remains bullish in nearest term testing 1.5500. Immediate support is seen around 1.5400. A clear break below that area could lead price to neutral zone in nearest term as direction would become unclear testing 1.5340 area. Potential daily range today is seen between 1.5400 – 1.5500. My major technical outlook is neutral.
