GBPUSD Daily Forecast: February 26

GBPUSD Forecast

The GBPUSD was corrected higher yesterday and hit 1.5218 earlier today. The bias is neutral in nearest term. I still prefer a bearish scenario but need a clear break at least back below 1.5130 to keep the bearish scenario remains strong testing 1.5050/00. On the upside, only a clear break back above 1.5300 could interrupt the bearish outlook.