The GBPUSD continued its bullish momentum yesterday and hit 1.6256 earlier today. The bias is bullish in nearest term testing 1.6259 – 1.6300 strong resistance area which need to be clearly broken to the upside to continue the bullish scenario. Immediate support is seen around 1.6200. A clear break below that area could lead price to neutral zone in nearest term testing 1.6150 but as long as stays above 1.6000 – 1.5950, price is still in a major bullish outlook.
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