GBP/USD Towards 1.2600

Pivot (invalidation): 1.2540

Our preference Long positions above 1.2540 with targets at 1.2580 & 1.2600 in extension.

Alternative scenario Below 1.2540 look for further downside with 1.2510 & 1.2490 as targets.

Comment The RSI advocates for further advance.

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