GBPUSD Daily Forecast: August 09

GBPUSD Forecast
The GBPUSD was indecisive yesterday but overall still able to maintain its bearish bias and hit 1.2977 earlier today in Asian session. The bias remains bearish in nearest term testing 1.2900 area. Immediate resistance is seen around 1.3050. A clear break above that area could lead price to neutral zone in nearest term testing 1.3100 but overall I remain bearish and any upside pullback should be seen as a good opportunity to sell.