GBPUSD Outlook
The GBPUSD also attempt to push lower yesterday, bottomed at 1.5800 but closed higher at 1.6043. On h1 chart below we can see that support at 1.5790 area did a good job preventing the pair from further bearish attack. The bias is neutral in nearest term. Immediate resistance is seen at 1.6103 (yesterday’s high). Break above that area could trigger further bullish momentum towards 1.6240 area. CCI in neutral area on both h4 and daily chart.
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