HomeContributorsTechnical AnalysisGBP/USD Key Resistance At 1.3125

GBP/USD Key Resistance At 1.3125

Pivot (invalidation): 1.3125

Our preference Short positions below 1.3125 with targets at 1.3065 & 1.3050 in extension.

Alternative scenario Above 1.3125 look for further upside with 1.3155 & 1.3185 as targets.

Comment As Long as the resistance at 1.3125 is not surpassed, the risk of the break below 1.3065 remains high.

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