GBPUSD Daily Forecast: June 01

GBPUSD Forecast
The GBPUSD attempted to push higher yesterday topped at 1.3348 but closed lower at 1.3293 and hit 1.3253 earlier today in Asian session. As you can see on my H1 chart below, price failed to break above the EMA 200 and broke below the trend line support, suggests a bearish view. The bias is bearish in nearest term testing 1.3200 – 1.3150 region. Immediate resistance is seen around 1.3305. A clear break back above that area could lead price to neutral zone in nearest term but overall I remain bearish and any upside pullback should be seen as a good opportunity to sell.