GBPUSD Forecast
The GBPUSD failed to continue its bullish momentum yesterday bottomed at 1.2706. The bias is neutral in nearest term but the bullish pin bar scenario remains valid. Immediate support is seen around 1.2700. A clear break below that area could trigger further bearish pressure testing 1.2650/15 region. Immediate resistance is seen around 1.2797 (yesterday’s high). A clear break and daily close above that area would expose 1.2875 area.

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