GBPUSD Forecast
The GBPUSD was indecisive last week but overall still able to maintain its bearish bias. The bias is neutral in nearest term probably with a little bullish bias especially if price able to move consistently above 1.2750 resistance area testing 1.2800/25 region but as long as stay inside the bearish channel I remain bearish and any upside pullback is normal and should be seen as a good opportunity to sell. Immediate support is seen around 1.2700. A clear break below that area could trigger further bearish pressure testing 1.2650/00 region.

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