GBPUSD Forecast
The GBPUSD continued its bearish momentum yesterday bottomed at 1.3049 but traded higher earlier today in Asian session hit 1.3120. The bias is neutral in nearest term probably with a little bullish bias testing 1.3150 region which is a good place to sell with a tight stop loss. Immediate support is seen around 1.3065. A clear break below that area would expose 1.3000 psychological support. On the upside, a clear break and daily close above 1.3150 would expose 1.3200 region and the upper line of the bearish channel.

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