GBPUSD  Forecast

The GBPUSD was indecisive yesterday, but there were some upside pressures earlier today in Asian session hit 1.5367 after unable to make a clear break below 1.5270 major support. The bias is bullish in nearest term testing 1.5400. A clear break and daily close above that area could trigger further bullish pullback testing 1.5500 area. Overall I still prefer a bearish scenario at this phase but need a clear break and daily close below 1.5270 to continue the bearish scenario testing 1.5000 psychological level.

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