The GBPUSD had a bullish momentum last week and slipped above 1.6175. The bias remains bullish in nearest term testing 1.6250 – 1.6300. Immediate support is seen around 1.6150. A clear break below that area could lead price to neutral zone in nearest term testing 1.6100. Only a clear break back below 1.6100 could interrupt the current bullish bias.
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