The Gbpusd was indecisive yesterday. Price attempted to push lower bottomed at 1.2312 but closed a little bit higher at 1.2366. The bias is neutral in nearest term probably with a little bearish bias testing 1.2300 area. A clear break and daily close below that area would expose 1.2170 region. Immediate resistance is seen around 1.2425. A clear break above that area could trigger further bullish pressure testing 1.2500 area.
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