The GBPUSD was volatile but indecisive yesterday but overall still able to maintain its bearish bias and now struggling around 1.5650, which is my first bearish target. A clear break and daily close below that area could trigger further bearish scenario testing 1.5500 and 1.5344 support area. Immediate resistance is seen around 1.5700. A clear break back above that area could trigger further upside pullback testing 1.5779 but any bullish correction now is normal and overall I still prefer a bearish scenario at this phase.
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