The GBPUSD had a bearish momentum last week bottomed at 1.2214 but closed a little bit higher at 1.2290. The bias is neutral in nearest term probably with a little bullish bias testing 1.2340 resistance area which is a good place to sell with a tight stop loss. Immediate support is seen around 1.2250. A clear break below that area could trigger further bearish pressure testing 1.2200 or lower. Overall I remain neutral.