GBPUSD Forecast
The GBPUSD had another indecisive movement yesterday. The bias remains neutral in nearest term. Overall I remain bearish but as long as stay above 1.2000 the hammer formation bullish correction/reversal scenario should remain valid. Immediate resistance is seen around 1.2250 followed by 1.2300. Immediate support is seen around 1.2200 followed by 1.2135.

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