GBPUSD Forecast
The GBPUSD had a bullish momentum last week topped at 1.2865. The bias is bullish in nearest term as a part of the bullish pin bar scenario targeting 1.2875 area. A clear break and daily close above that area would expose 1.3000 key resistance which is a good place to sell with a tight stop loss as a clear break above that area would invalidate the major bearish trend. Immediate support is seen around 1.2800. A clear break below that area could lead price to neutral zone in nearest term testing 1.2750/00 region.


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