GBPUSD Forecast:

The GBPUSD had a significant bearish momentum yesterday by break below 1.6040 area, bottomed at 1.5965 and closed at 1.5989. This fact should lead us to a new bearish phase targeting 1.5832 area as bullish scenario has failed. Immediate resistance at 1.6040 area. Break above that should lead us into no trading zone as direction would become unclear for me.