GBPUSD Forecast
The GBPUSD had a bullish momentum last week topped at 1.4297 but closed a little bit lower at 1.4236. The bias is neutral in nearest term. We have a bearish pin bar printed around the key resistance as you can see on my daily chart below, suggests a potential bearish pullback. Immediate support is seen around 1.4220. A clear break below that area would confirm the bearish pin bar scenario testing 1.4170 or lower. On the upside, a clear break and daily close above 1.4297 would invalidate the bearish pin bar scenario and resume the major bullish trend testing 1.4350 or higher.

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