GBPUSD  Forecast

The GBPUSD had a significant bullish momentum yesterday made a big daily candle, topped at 1.5778 and closed at 1.5744, give further validation to the bullish reversal scenario. The bias remains bullish in nearest term targeting 1.5900 before testing 1.6000. Immediate support at 1.5650. Break below that area could lead us to neutral zone in nearest term as direction would become unclear.

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