GBPUSD Forecast
The GBPUSD had a significant bullish momentum yesterday, broke above 1.4297, topped at 1.4343 and hit 1.4354 earlier today in Asian session. The bias is bullish in nearest term. This fact not only invalidates the bearish pin bar scenario but could end the consolidation phase and resume the major bullish trend targeting 1.4500 area especially if price able to make a consistent movement above 1.4350. Immediate support is seen around 1.4275. A clear break back below that area could lead price to neutral zone in nearest term and keep price in consolidation phase. My major technical outlook remains bullish.

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