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GBPUSD Forecast
The GBPUSD didn’t make significant movement yesterday but overall still able to maintain its bearish intraday bias after fell below 1.5600, but my medium term outlook is unclear. The bias remains bearish in nearest term testing 1.5500. Immediate resistance is seen around 1.5630/50 area. A clear break and daily close back above that area will interrupt the current short term bearish bias and would give another chance for the bullish scenario retesting the daily EMA 200 key resistance area.
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