The GBPUSD attempted to push lower yesterday, bottomed at 1.5834 but further bearish pressure was rejected, closed higher above 1.5900. The bias is neutral in nearest term probably with a little bit bullish bias testing 1.6000 key resistance area. The false breakout bearish scenario should remain intact but would need a clear break at least back below 1.5880 to continue the bearish scenario retesting 1.5800. On the upside, a clear break and daily close back above 1.6000 would reactivate my bullish mode.
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