The GBPUSD failed to continue its bearish momentum yesterday and hit 1.5333 earlier today. The bias is bullish in nearest term testing 1.5350 – 1.5400. Immediate support is seen around 1.5250. A clear break below that area could lead price to neutral zone in nearest term. My major technical outlook remains bearish but as long as stays above 1.5200 the bullish correction phase remains valid.
