The GBPUSD continued its bearish momentum yesterday, bottomed at 1.5359 and closed at 1.5395. The bias remains bearish in nearest term testing 1.5270 region. Immediate resistance is seen around 1.5430. A clear break above that area could lead price to neutral zone in nearest term but any upside correction now is normal and as long as stays below 1.5515/25 my overall intraday bias remains strongly to the downside and only a clear break back above 1.5650 will interrupt the current bearish outlook. Fundamental focus today is on US NFP data.
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