GBP/USD Forecast
The GBP/USD continued its Bearish momentum yesterday bottomed at 1.2772. The bias remains bearish in nearest term as a part of the false breakout bearish scenario testing 1.2675 region. Immediate resistance is seen around 1.2850. A clear break above that area could lead price to neutral zone in nearest term testing 1.2900 region 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.