GBPUSD  Forecast

The GBPUSD was indecisive on Friday, formed a Doji on daily chart. The bias is neutral in nearest term but we are still in bullish correction phase especially if price able to move consistently above 1.4875 area targeting 1.5000/50 region. Immediate support at 1.4750 and the minor trendline support area. Break below that area could lead us into no trading zone but as long as price stay above the major trendline support (white) the bullish correction scenario remains intact.

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