The GBPUSD regained its bearish momentum yesterday bottomed at 1.5629. The bias is bearish in nearest term testing 1.5600 or lower as a part of the false breakout bearish scenario. Immediate resistance is seen around 1.5700. A clear break above that area could lead price to neutral zone in nearest term testing 1.5750 but overall I still prefer a bearish scenario at this phase.
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