GBPUSD Forecast
The GBPUSD had a moderate bullish momentum yesterday topped at 1.2845. The bias is bullish in nearest term testing 1.2900 area. A clear break and daily close above that area would expose 1.3000 – 1.3050 area and give us further confirmation of the double bottom bullish scenario. Immediate support is seen around 1.2800. A clear break below that area could lead price to neutral zone in nearest term but only a clear break back below 1.2750 could interrupt the double bottom bullish scenario.

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