The GBPUSD continued its bullish momentum yesterday and hit 1.5831 earlier today. The bias remains bullish in nearest term testing 1.5875 or higher. Immediate support is seen around 1.5800. A clear break below that area could lead price to neutral zone in nearest term testing 1.5750 or lower but overall I still prefer a bullish scenario at this phase and only a clear break back below 1.5700 – 1.5670 could interrupt the current bullish outlook.
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