GBPUSD Forecast
The GBPUSD attempted to push higher yesterday topped at 1.2824 but whipsawed to the downside and closed lower at 1.2723. The bias is bearish in nearest term but note that 1.2700 – 1.2660 region remains a key support and good place to buy with a tight stop loss below 1.2660 as a clear break and daily close below that area would easily target 1.2500 area. Immediate resistance is seen around 1.2785. A clear break above that area could lead price to neutral zone in nearest term retesting 1.2824 region but key resistance remains at 1.2875 which remains a good place to sell.


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