GBPUSD Daily Forecast: June 07

GBPUSD Forecast
The GBPUSD continued its bullish momentum yesterday, topped at 1.3443 but close a little bit lower at 1.3411. The bias remains bullish in nearest term testing 1.3480 – 1.3500 region. Immediate support is seen around 1.3380. A clear break below that area could lead price to neutral zone in nearest term testing 1.3330 and the trend line support area which need to be clearly broken to the downside to potentially end the current bullish correction phase. On the upside, a clear break and daily close above 1.3480 would expose 1.3550/70 region.