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GBPUSD Forecast
The GBPUSD regained its bearish momentum yesterday and slipped below 1.5500 earlier today. The bias is bearish in nearest term testing 1.5450/00. Immediate resistance is seen around 1.5550/70. A clear break back above that area could lead price to neutral zone in nearest term but as long as stays below 1.5700 I still prefer a bearish intraday outlook as a part of the false breakout bearish scenario.
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