The GBPUSD had a bearish momentum yesterday bottomed at 1.5215. The bias is bearish in nearest term testing 1.5150/00. Immediate resistance is seen around 1.5270. A clear break above that area could lead price to neutral zone in nearest term testing 1.5300/50 area. My major technical outlook remains bearish but as long as stays above 1.5100 the bullish correction phase also remains intact.
