GBPUSD Forecast
The GBPUSD had a bullish momentum yesterday topped at 1.3913 and hit 1.3924 earlier today in Asian session. Price is now traded just below the tail of the bearish pin bar as you can see on my daily chart below. The bias is bullish in nearest term especially if price able to make a clear break above 1.3942 (the tail of the bearish pin bar) testing 1.4000 psychological/key level or higher. Immediate support is seen around 1.3887 (current low). A clear break below that area could lead price to neutral zone in nearest term testing 1.3850/00 region but as long as stay above the trend line support I remain bullish and any downside pullback should be seen as a good opportunity to buy.

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