GBPUSD Forecast:
The GBPUSD made another indecisive movement yesterday. The bias remains neutral in nearest term but still within a strong bullish context. Immediate support at 1.5580 area. Consistent move below that area could trigger further downside pressure testing 1.5470 key support level but I still prefer to buy on dips as long as price move inside the bullish channel. On the upside, a clear break above 1.5685 resistance area could trigger further upside pressure targeting 1.5750/60 before testing 1.5815.
