GBPUSD Daily Forecast: May 29

GBPUSD Forecast
The GBPUSD didn’t make significant movement yesterday but overall still maintain its bearish bias. There are no changes in my technical outlook. The bias remains bearish in nearest term testing 1.3220 – 1.3150 region. Immediate resistance remains around 1.3365. A clear break above that area could lead price to neutral zone in nearest term testing 1.3420 area but overall I remain bearish and any upside pullback should be seen as a good opportunity to sell. On the downside, a clear break and daily close below 1.3220 – 1.3150 region would expose 1.3000 psychological level this week.