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GBPUSD Forecast
The GBPUSD attempted to push lower yesterday bottomed at 1.5130 but whipsawed to the upside, closed at 1.5258 and hit 1.5319 earlier today. We have a hammer candle stick formation on daily chart suggest potential bullish correction warning. The bias is bullish in nearest term testing 1.5400. Overall I still prefer a bearish scenario at this phase but need a clear break at least below 1.5230 to keep the bearish scenario remains strong retesting 1.5130 or lower.
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