The GBPUSD had a bearish momentum yesterday bottomed at 1.4864. The bias is bearish in nearest term testing 1.4800 area. Immediate resistance is seen around 1.4950. A clear break above that area could lead price to neutral zone in nearest term testing 1.5000 but as long as stays below the trend line resistance as you can see on my H1 chart below I still prefer a bearish scenario at this phase and any upside pullback should be seen as a good opportunity to sell.
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