GBPUSD Forecast
The GBPUSD was corrected higher yesterday topped at 1.3041. The bias is bullish in nearest term but note that 1.3040 – 1.3090 area is a key resistance area which is a good place to sell with a tight stop loss as a clear break above 1.3090 would interrupt the bearish outlook. Immediate support is seen around 1.2970. A clear break below that area could lead price to neutral zone in nearest term retesting 1.2935 support area which need to be clearly broken to the downside to resume the bearish scenario targeting 1.2850/00 region. Fundamental focus today will be on the US NFP number.

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