GBPUSD  Forecast

The GBPUSD had a significant bullish momentum on Friday, strongly broke above 1.5850 and hit 1.5972. This fact cancelled the triple top scenario and could continue the bullish phase since the false breakdown below 1.5330 targeting 1.6000 psychological level. A clear break and daily close above 1.6000 could trigger further bullish pressure testing 1.6100 even higher. Immediate support is seen around 1.5925. A clear break below that area could lead price to neutral zone in nearest term but any downside pullback now is normal and as long as price stays above 1.5850 and my overall intraday bias should remain strongly to the upside.

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