GBPUSD Forecast
The GBPUSD had a bearish momentum yesterday bottomed at 1.2848 but closed a little bit higher at 1.2888. The triple top formation I told you about yesterday gave us a valid bearish signal. The bias is bearish in nearest term testing 1.2830. A clear break below that area would expose 1.2780 region which is a good place to buy with a tight stop loss. Immediate resistance is seen around 1.2915. A clear break above that area could lead price to neutral zone in nearest term testing 1.2950 or higher. Overall I remain bullish.


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