The GBPUSD had a bullish momentum yesterday topped at 1.2560. The bias is bullish in nearest term testing 1.2580 area which is a good place to sell with a tight stop loss as a clear break above that area would expose 1.2650 – 1.2700 region. Immediate support is seen around 1.2520. A clear break below that area could lead price to neutral zone in nearest term testing 1.2475 area or lower. Overall I remain neutral.