GBPUSD Forecast
The GBPUSD was indecisive yesterday. The bias remains neutral in nearest term probably with a little bullish bias testing 1.5600 area. Immediate support is seen around 1.5450. As you can see on my H1 chart below price is moving inside a bullish channel and above the EMA 200 suggests a bullish outlook. Buying around 1.5450 – 1.5400 with a tight stop loss seems to be a good idea at this phase. Potential daily range today remains between 1.5450 – 1.5600. My major technical outlook remains neutral.
