GBPUSD Forecast
The GBPUSD continued its bearish momentum yesterday bottomed at 1.4069. The bias remains bearish in nearest term testing 1.3960 as a part of the bearish phase after the false breakout above 1.4275 key resistance as you can see on my daily chart below. Immediate resistance is seen around 1.4150. A clear break above that area could lead price to neutral zone in nearest term but as long as stay below 1.4275 I prefer a bearish short-term scenario at this phase. On the downside, a clear break and daily/weekly close below 1.3960 would retest 1.3710 region next week.

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