GBPUSD  Forecast

The GBPUSD was indecisive yesterday but had a significant bullish momentum earlier today in Asian session testing 1.6338 key intraday resistance as you can see on my hourly chart below. The bias is bullish in nearest term especially if price able to make a clear break above 1.6338 testing 1.6375 – 1.6400. Immediate support remains around 1.6250 – 1.6192. Only a clear break below 1.6192 could be a threat to the current bullish intraday outlook.

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