The GBPUSD failed to continue its bullish momentum yesterday. The bias is neutral in nearest term. Immediate support is seen around 1.5560. A clear break below that area could trigger further bearish pullback testing 1.5500 but key support remains around 1.5450/00. On the upside, key resistance remains around 1.5700/50 which needs to be clearly broken to the upside to continue the major bullish scenario. Overall I still prefer a bullish scenario at this phase.
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