GBPUSD  Forecast

The GBPUSD still able to maintain its bearish phase so far and slipped below the bullish channel as you can see on my h4 chart below. This fact not only could continue the bearish phase in nearest term testing 1.6280 but also a serious threat to the major bullish outlook. Immediate resistance at 1.6425/50. A clear break above that area would lead us to neutral zone in nearest term testing 1.6500 but I think we need at least a clear break above 1.6600 to keep the major bullish scenario remains strong.

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