GBPUSD Daily Forecast: May 10

GBPUSD Forecast
The GBPUSD had another indecisive movement yesterday, printed another Doji on daily chart. The bias remains neutral in nearest term. Overall I still prefer a bearish scenario at this phase but need a clear break below 1.3480 to resume the bearish run testing 1.3300 region. Immediate resistance is seen around 1.3605 area. A clear break above that area could trigger further bullish pullback but as long as stay below 1.3710 I still prefer a bearish scenario at this phase and any upside pullback should be seen as a good opportunity to sell.