GBPUSD Daily Forecast: May 15

GBPUSD Forecast
The GBPUSD had another indecisive movement yesterday. There are no changes in my technical outlook. The bias remains neutral in nearest term. Immediate resistance is seen around 1.3620. A clear break above that area could trigger further bullish pressure 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. On the downside, 1.3480 remains a key support which need to be clearly broken to the downside to resume the bearish phase targeting 1.3330 region.