GBP/USD: Expect 1.3225

Pivot (invalidation): 1.3415

Our preference Short positions below 1.3415 with targets at 1.3290 & 1.3225 in extension.

Alternative scenario Above 1.3415 look for further upside with 1.3470 & 1.3535 as targets.

Comment The upward potential is likely to be limited by the resistance at 1.3415.

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