Exceeding the expectation, GBPUSD has crossed 1.5270 mark and it touched 1.53 as well. But it couldn't able to sustain there for longer time. Considering many important news events release for USD like GDP, Good order, New home sales, USD may resume it's bull run again if the data exceeds the expectation. Please find the GBPUSD daily chart for analysis,

As the daily chart shows, if the USD resumes strongly from now itself with an engulfing candle, then this pair may for a bearish channel to 1.51 range. If the data have mixed view, then this bull run might continue till 1.5370 before forming the bearish channel.

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