GBPUSD Forecast:

The GBPUSD had a significant bearish momentum yesterday, bottomed at 1.5326 and closed at 1.5346 after break below the triangle as you can see on my h4 chart below. This fact opens the door for further downside pressure testing 1.5250. Immediate resistance at 1.5370/85 area. Break above that area could trigger further upside pullback testing 1.5420/50 region but I believe the major scenario remains bearish.

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