GBPUSD Forecast
The GBPUSD failed to continued its bullish momentum yesterday, bottomed at 1.2865 (H1 EMA 200). The bias is bearish in nearest term especially if price able to make a clear break below 1.2865 testing 1.2780/50 key support which is a good place to buy with a tight stop loss. Immediate resistance is seen around 1.2900. A clear break above that area could lead price to neutral zone in nearest term testing 1.2965 area. Fundamental focus will be on the US NF number tomorrow.

gbpusdh1

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