GBPUSD Forecast
The GBPUSD was indecisive yesterday. The bias is neutral in nearest term. The falling wedge bullish scenario as you can see on my H4 chart below remains valid but need a consistent movement at least above 1.3175 to keep the bullish momentum alive and kicking testing 1.3300 key resistance area which remains a good place to sell. On the downside, 1.3090 – 1.3040 remains a key support. A clear break below that area would invalidate the falling wedge bullish scenario testing 1.2935/25 region.

gbpusdh4

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