GBPUSD Forecast
The GBPUSD had a bullish momentum last week topped at 1.2903 but closed a little bit lower at 1.2806. The bias is neutral in nearest term but as long stay above 1.2750 the double bottom bullish scenario should remain valid with nearest target seen at 1.3000 – 1.3050. On the downside, a clear break and daily close back below 1.2750 would interrupt the bullish scenario testing 1.2650 region.


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