GBPUSD Forecast
The GBPUSD continued its bearish momentum last week, bottomed at 1.2723. The bias remains bearish in nearest term testing 1.2650 region. Immediate resistance is seen around 1.2825. A clear break above that area could lead price to neutral zone in nearest term but overall I remain bearish and any upside pullback is normal and should be seen as a good opportunity to sell. On the downside, a clear break and daily close below 1.2650 would expose 1.2500 region.

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