GBPUSD Forecast
The GBPUSD was volatile but indecisive yesterday. The bias is neutral in nearest term. Price is now traded at 1.2700 – 1.2660 key support area which is a good place to buy with a tight stop loss as a clear break and daily close below 1.2660 would target 1.2500 or lower. Immediate resistance is seen around 1.2735. A clear break above that area could trigger further bullish pressure testing 1.2775 area but key resistance remains at 1.2875 which remains a good place to sell.


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