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GBPUSD Daily Forecast: June 02 2016
GBPUSD Forecast
The GBPUSD continued its bearish momentum yesterday bottomed at 1.4385. The bias remains bearish in nearest term testing 1.4350. A clear break and daily close below that area could trigger further bearish scenario testing 1.4000 area. Immediate resistance is seen around 1.4450. A clear break above that area could lead price to neutral zone in nearest term testing 1.4500 region.