GBPUSD Forecast
The GBPUSD was indecisive yesterday. The bias is neutral in nearest term. The bullish outlook should remain valid with key support seen around 1.2780 which remains a good place to buy with a tight stop loss as a clear break below that area would expose 1.2700 – 1.2670 or lower. Immediate resistance is seen around 1.2850 but only a clear break at least above 1.2900 would interrupt the bearish correction phase after broke below the trend line support as you can see on my H1 chart below.


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