GBPUSD Forecast
The GBPUSD was corrected lower yesterday bottomed at 1.2929. We have a double top formation as you can see on my H1 chart below suggests a potential bearish scenario, but overall I remain bullish. The bias is bearish in nearest term testing 1.2900 – 1.2865 support area which is a good place to buy with a tight stop loss. Immediate resistance is seen around 1.2965. A clear break above that area could lead price to neutral zone in nearest term testing 1.3000 – 1.3050 region.

gbpusdh1

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