GBPUSD Daily Forecast: July 12

GBPUSD Forecast
The GBPUSD had a bearish momentum yesterday bottomed at 1.3200 and hit 1.3189 earlier today in Asian session. The bias is bearish in nearest term testing 1.3100 – 1.3050 support area especially if price able to make a clear break and consistent movement below 1.3200. Immediate resistance is seen around 1.3225. A clear break above that area could lead price to neutral zone in nearest term testing 1.3275 or higher.