GBPUSD Forecast
The GBPUSD attempted to push lower yesterday bottomed at 1.2830 but whipsawed to the upside and closed higher at 1.2920. As you can see on my H1 chart below, price slipped below the H1 EMA 200 but moved back above the EMA 200, keeps the bullish trend intact. The bias is bullish in nearest term testing 1.2965. Immediate support is seen around 1.2875. A clear break below that area could lead price to neutral zone in nearest term retesting 1.2830 but as long as stay above 1.2780/50 I still prefer a bullish scenario at this phase. Fundamental focus today will be on the US NFP number.

gbpusdh1

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