[m.youssif]

GBPUSD Forecast
The GBPUSD attempted to push lower earlier today in Asian session, bottomed at 1.5990 but whipsawed to the upside, topped at 1.6068. This fact indicates the major bullish momentum is still strong. The bias is bullish in nearest term re-testing 1.6105. Immediate support at 1.5990. Another move below that area could lead us back to neutral zone testing 1.5900 region but overall the major scenario remains bullish especially if we have a consistent move above 1.6100 targeting 1.6200 1.6300 area.

[m.youssif]

GBPUSD Forecast
The GBPUSD attempted to push lower earlier today in Asian session, bottomed at 1.5990 but whipsawed to the upside, topped at 1.6068. This fact indicates the major bullish momentum is still strong. The bias is bullish in nearest term re-testing 1.6105. Immediate support at 1.5990. Another move below that area could lead us back to neutral zone testing 1.5900 region but overall the major scenario remains bullish especially if we have a consistent move above 1.6100 targeting 1.6200 1.6300 area.