GBPUSD Forecast
The GBPUSD attempted to push higher yesterday topped at 1.2444 but closed lower at 1.2359. The bias is bearish in nearest term testing 1.2300 area but only a clear break below 1.2000 would cancel the hammer formation bullish correction/reversal scenario. Immediate resistance is seen around 1.2400. A clear break above that area could lead price to neutral zone in nearest term testing 1.2450 or higher.


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