The Gbpusd had a bearish momentum yesterday slipped below 1.2135 but still unable to closed below that support area so far. The bias is bearish in nearest term especially if price able to make a clear break below 1.2135/00 support area but note that any movement near 1.2000 psychological level should be seen as a good opportunity to buy with a tight stop loss below 1.2000. Immediate resistance is seen around 1.2175. A clear break above that area could lead price to neutral zone in nearest term testing 1.2215 or higher. Overall I remain neutral.
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