GBP/USD Under Pressure

Pivot (invalidation): 1.2885

Our preference Short positions below 1.2885 with targets at 1.2850 & 1.2830 in extension.

Alternative scenario Above 1.2885 look for further upside with 1.2910 & 1.2935 as targets.

Comment As Long as 1.2885 is resistance, expect a return to 1.2850.

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