The GBPUSD continued its bearish momentum yesterday bottomed at 1.5473. There are no changes in my technical outlook. The bias remains bearish in nearest term still testing 1.5450/00. Immediate resistance remains 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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