GBP/USD Watch 1.2970

Pivot (invalidation): 1.3020

Our preference Short positions below 1.3020 with targets at 1.2990 & 1.2970 in extension.

Alternative scenario Above 1.3020 look for further upside with 1.3050 & 1.3070 as targets.

Comment A break below 1.2990 would trigger a drop towards 1.2970.

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Swissquote Bank SAhttp://en.swissquote.com/fx
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