GBPUSD Daily Forecast: July 06

GBPUSD Forecast
The GBPUSD was indecisive yesterday. The bias is neutral in nearest term. The violation of the bearish channel has not produce significant bullish momentum so far, but unless price fall back below 1.3170 my overall short term bias remains to the upside with nearest target seen around 1.3315 region. On the downside, a clear break back below 1.3170 would reactivate my bearish mode testing 1.3100 or lower. Fundamental focus today will be on the US NFP data.