GBPUSD Forecast
The GBPUSD had a bullish momentum yesterday topped at 1.2324. The bias is bullish in nearest term testing 1.2400/50 region. Immediate support is seen around 1.2250. A clear break below that area could lead price to neutral zone in nearest term testing 1.2200 region but as long as stay above 1.2000 key support the hammer formation bullish correction/reversal scenario should remain valid.

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