GBPUSD Daily Forecast: June 11

GBPUSD Forecast
The GBPUSD had a bullish momentum last week topped at 1.3472 but closed a little bit lower at 1.3407. Overall price is still moving convincingly above the EMA 200 and the trend line support, keep printing higher lows and highs as you can see on my H1 chart below. The bias is neutral in nearest term, probably with a little bullish bias testing 1.3480. Immediate support is seen around 1.3380/50 region. A clear break and daily close below that area would be a serious threat to the current bullish short-term bias (correction) and reactivate my bearish mode. On the upside, a clear break and daily close above 1.3480 would expose 1.3600 region.