GBPUSD Forecast:

The GBPUSD made another attempt to the downside, bottomed at 1.5137 but closed higher at 1.5239. Looks like the 1.5135/28 area is a strong and key level at this phase. As long as price able to move above that level, the bullish scenario remains intact. But if price break below that level, the bullish scenario maybe in a serious threat at least testing 1.5000 area. Immediate resistance at 1.5280. Break above that area could trigger further bullish momentum testing 1.5380 key resistance area.

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