The GBPUSD attempted to push higher yesterday topped at 1.2769 but closed lower at 1.2659. The bias is bearish in nearest term. The Pin Bar Bullish potential remains valid, but need a clear break above 1.2780 to confirm the bullish scenario. On the downside, a clear break below 1.2635 would nullify the pin bar bullish scenario testing 1.2500 region. Immediate resistance is seen around 1.2690 – 1.2715. A clear break above that area could lead price to neutral zone in nearest term testing 1.2780 area.
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