The GBPUSD was indecisive yesterday. Price attempted to push higher but unable to stay consistently above 1.6100 so far. The bias is neutral in nearest term. Key intraday support is seen around 1.5950. A clear break below that area would interrupt the bullish outlook and could be an early signal of a bearish reversal scenario. On the upside, we need a clear break above 1.6100/25 to keep the major bullish scenario remains strong testing 1.6200 – 1.6300.
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