GBPUSD  Forecast

The GBPUSD had a bullish momentum yesterday, topped at 1.6139 and closed at 1.6096. The bias remains bullish in nearest term testing 1.6200 area. Immediate support is seen around 1.6035/00. A clear break back below that area could lead price to neutral zone in nearest term but as long as price moves inside the bullish channel I still prefer a bullish scenario at this phase.

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