The GBPUSD continued its bearish momentum last week. The bias is bearish in nearest term testing 1.4800. Immediate resistance is seen around 1.4950. A clear break above that area could lead price to neutral zone in nearest term testing 1.5000 – 1.5050 but overall I still prefer a bearish scenario.
Most Popular Slideshows
- Selena's Bikini Body: How to Get the Toned Look in Two Easy Steps [PHOTOS & VIDEO]
- IN PHOTOS! A Picture of Sadness in Kristen Stewart as Robert Pattinson Celebrates 27th Birthday ALONE? [SLIDESHOW]
- Jaden Smith Clarifies Emancipation Reports with Dad Will Smith on TV Show ‘Ellen’ [PHOTOS AND VIDEO]
- 'Fifty Shades of Grey' Movie Casting: Chris Evans as Christian Grey [PHOTOS]