GBPUSD  Forecast

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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