GBPUSD Forecast
The GBPUSD continued its bearish momentum yesterday broke below 1.2790 key support, bottomed at 1.2718. The bias is bearish in nearest term testing 1.2600 before targeting 1.2500. Immediate resistance is seen around 1.2790. A clear break and daily close back above that area could lead price to neutral zone in nearest term testing 1.2860 area but overall I remain bearish.
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