The GBPUSD continued its bearish momentum last week bottomed at 1.2132. The bias is bearish in nearest term testing 1.2100 but from a broader perspective as you can see on my daily chart below 1.2100 – 1.2000 region is a key support and good place to buy. Immediate resistance is seen around 1.2215. A clear break above that area could lead price to neutral zone in nearest term testing 1.2300 region. Overall I remain neutral.