GBPUSD  Forecast

The GBPUSD was indecisive yesterday, made a Doji on daily chart. Price attempted to push lower, bottomed at 1.5278 but unable to make a break below 1.5270 major support area. The bias is neutral in nearest term but as long as stays below 1.5400/50 I still prefer a bearish intraday scenario at this phase. A clear break and daily close back above 1.5450 could trigger further bullish pressure testing 1.5500 – 1.5600 region. On the downside, a clear break and daily close below 1.5270 key support area could trigger further bearish scenario testing 1.5000 psychological level.

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