The GBPUSD didn’t make significant movement yesterday. The bias is neutral in nearest term. Immediate support is seen around 1.5130/00. A clear break below that area could trigger further bearish pressure testing 1.5050 – 1.5000. Immediate resistance is seen around 1.5200. A clear break above that area could trigger further bullish pressure testing 1.5250 – 1.5300 but overall I remains bearish and still prefer to sell on rallies.
