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GBPUSD Daily Forecast: February 12

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GBPUSD Forecast
The GBPUSD had a bearish momentum yesterday bottomed at 1.2845. The bias remains bearish in nearest term testing 1.2800 region. A clear break and daily close below that area would expose 1.2675 area. Immediate resistance is seen around 1.2920. A clear break above that area could lead price to neutral zone in nearest term but as long as stay below 1.3000 I still prefer a bearish scenario at this phase and any upside pullback should be seen as a good opportunity to sell.

gbpusddaily



Source: https://fxinstructor.com/blog/gbpusd-daily-forecast-february-12-7
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