GBPUSD Forecast
The GBPUSD had a bullish momentum yesterday topped at 1.3159. The bias is bullish in nearest term testing the upper line of the bearish channel located around 1.3200 which is a good place to sell with a tight stop loss. Immediate support is seen around 1.3070. A clear break below that area could lead price to neutral zone in nearest term retesting 1.3000 psychological level which remains a good place to buy with a tight stop loss as a clear break below that level would resume the major bearish trend testing 1.2750.

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