GBPUSD Forecast
The GBPUSD attempted to push higher yesterday, topped at 1.3166 but close lower at 1.3117. The bias is neutral in nearest term but as long as stay below 1.3175 I still prefer a bearish scenario at this phase targeting 1.3000 region. Immediate support is seen around 1.3050. A clear break below that area would expose 1.3000. On the upside, a clear break and daily close back above 1.3175 would activate my “wait and see” mode as direction would become unclear. Overall I remain neutral.


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