GBPUSD Forecast

The GBPUSD attempted to push lower on Friday, bottomed at 1.5267 but whipsawed to the upside after US NFP data, closed higher at 1.5359. The bias is neutral in nearest term but overall I still prefer a bearish scenario at this phase testing 1.5230 support area. Immediate resistance is seen around 1.5440 followed by 1.5515/25.


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