GBPUSD  Forecast

The GBPUSD bearish scenario was paused yesterday. Price is now rebound significantly to the upside after unable to break below 1.5370 testing 1.5480 resistance area. Clear break above that area could trigger further upside correction testing 1.5580.  Immediate support at 1.5450. Break below that area could trigger further bearish pressure re-testing 1.5370 before testing 1.5250 area.

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