The GBPUSD was indecisive yesterday. The bias is neutral in nearest term probably with a little bearish bias testing 1.2500 support area. Immediate resistance is seen around 1.2625. A clear break above that area could trigger further bullish pressure testing 1.2700 area. Overall I still prefer a bullish scenario at this phase targeting 1.2790 region and any downside pullback should be seen as a good opportunity to buy.
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