GBPUSD Forecast:

The GBPUSD breakout above my triangle yesterday, topped at 1.5794 and closed at 1.5787. I think we are now entering bullish correction phase but we need a consistent move above 1.5800 area to continue the bullish momentum targeting 1.5925 area before testing 1.6060. Immediate support at 1.5730/00 area. Break below that area could be a serious threat to the bullish correction scenario re-testing 1.5560/30 key support level.