GBPUSD Forecast
The GBPUSD attempted to push lower yesterday bottomed at 1.2926 but closed higher at 1.2976. Price respects the trend line support as you can see on my H1 chart below, keeps the bullish outlook. The bias is neutral in nearest term probably with a little bullish bias testing 1.3050 key resistance which needs to be clearly broken to the upside to continue the bullish scenario. Immediate support is seen around 1.2935/25. A clear break below that area could trigger further bearish pressure testing 1.2880 area.

gbpusdh1

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