GBPUSD  Forecast

The GBPUSD had another volatile but indecisive movement on Friday, made another Doji on daily chart but traded lower earlier today in Asian session hit 1.5683. The bias is bearish in nearest term testing 1.5650. A clear break and daily close below that area could trigger further bearish scenario testing 1.5500 and 1.5344 region. Immediate resistance is seen around 1.5779. A clear break back above that area could lead price to neutral zone in nearest term testing 1.5825 area but as long as price stays below 1.5910 my overall intraday bias remains to the downside.

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