The GBPUSD was volatile yesterday but overall still maintain its strong bullish outlook, topped at 1.5882 and closed at 1.5829. The bias remains bullish in nearest term still targeting 1.5900 – 1.6000 resistance area. Immediate support at 1.5780. Break below that area could lead us to neutral zone in nearest term but as long as price stays above 1.5650 I still prefer a bullish scenario at this phase.
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