GBPUSD  Forecast

The GBPUSD had another indecisive movement yesterday, made a Doji on daily chart. There are no changes in my technical outlook. The bias remains neutral in nearest term. Price is still in a bearish correction phase but major outlook remains bullish as long as stays above 1.6000 – 1.6050, which remain a good place to buy with stop loss below 1.6000. Immediate resistance is seen around 1.6180 followed by 1.6250.

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