GBPUSD Forecast
The GBPUSD was indecisive yesterday. The pair attempted to push higher topped at 1.3217 but closed lower at 1.3164 and hit 1.3141 earlier today in Asian session. The Cable is not able to stay consistently above 1.3175 resistance area so far which keeps the bearish view after broke below the bullish channel intact. The bias is neutral in nearest term. Immediate support is seen around 1.3135. A clear break below that area could trigger further bearish pressure testing 1.3050 region. On the upside, a clear break and daily close above 1.3175-1.3200 region would retest the daily EMA 200 and 1.3300 region. Overall I remain neutral.


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