The GBPUSD had another indecisive movement yesterday. The bias remains neutral in nearest term probably with a little bearish bias testing 1.2330 key support which remains a good place to buy with a tight stop loss. Immediate resistance is seen around 1.2450. A clear break above that area could trigger further bullish pressure testing 1.2500 or higher. On the downside, a clear break and daily/weekly close below 1.2330 would be a threat to the hammer formation bullish scenario (daily chart).