GBPUSD Forecast
The GBPUSD was indecisive yesterday. The bias is neutral in nearest term. Immediate resistance is seen around 1.3930. A clear break above that area could trigger further bullish pressure testing the upper line of the bearish channel and 1.4000 region. Immediate support is seen around 1.3845 (yesterday’s low). A clear break and daily close below that area could trigger further bearish pressure testing 1.3750 region. On the upside, a clear break above the bearish channel would be a serious threat to the bearish correction phase. Fundamental focus will be on the US NFP number tomorrow.

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