The GBPUSD continued its bullish momentum yesterday topped at 1.2376 as a part of the bullish scenario after bounced from triple bottom formation at 1.2135. The bias remains bullish in nearest term testing 1.2450 area. Immediate support is seen around 1.2300. A clear break below that area could lead price to neutral zone in nearest term testing 1.2250/25 area. On the upside, a clear break and daily/weekly close above 1.2450 would expose 1.2570 – 1.2600 region next week. Overall I remain neutral.