GBPUSD Forecast
The GBPUSD had a bullish momentum last week topped at 1.3143 but closed a little bit lower at 1.3070. The bias is neutral in nearest term. Price slipped below the bullish channel as you can see on my H1 chart below suggests a potential interruption to the bullish phase. Immediate support is seen around 1.3050. A clear break below that area could trigger further bearish pressure testing 1.3000 region. Immediate resistance is seen around 1.3100. A clear break above that area would retest 1.3143 or higher. My major technical outlook remains neutral.

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