GBPUSD Forecast
The GBPUSD had a moderate bullish momentum last week. Price is able to move consistently above the daily EMA 200, give further confirmation of the double bottom bullish scenario. The bias is bullish in nearest term testing 1.3050. Immediate support is seen around 1.2890. A clear break below that area could lead price to neutral zone in nearest term testing 1.2850 area but overall I still prefer a bullish scenario at this phase and any downside pullback should be seen as a good opportunity to buy.


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