GBPUSD Forecast
The GBPUSD attempted to push lower yesterday bottomed at 1.3033 but whipsawed to the upside, topped at 1.3150 and hit 1.3161 earlier today in Asian session. The bias is bullish in nearest term. This fact keeps the falling wedge bullish scenario alive and kicking testing 1.3175 – 1.3215 region. Immediate support is seen around 1.3125. A clear break below that area could lead price to neutral zone in nearest term testing 1.3090 or lower but only a clear break below 1.3040 would be a serious threat to the current bullish outlook.

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