GBP/USD Under Pressure

Pivot (invalidation): 1.3045

Our preference Short positions below 1.3045 with targets at 1.2990 & 1.2955 in extension.

Alternative scenario Above 1.3045 look for further upside with 1.3080 & 1.3135 as targets.

Comment As Long as the resistance at 1.3045 is not surpassed, the risk of the break below 1.2990 remains high.

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