The GBPUSD continued its bullish momentum last week closed at 1.5873. Price opened higher earlier today at 1.5932 and hit 1.5957. The bias is bullish in nearest term testing 1.6000 – 1.6050. Immediate support is seen around 1.5880. A clear break below that area could lead price to neutral zone in nearest term testing 1.5840 but any downside pullback now is normal and overall I still prefer a bullish scenario.
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