GBP/USD Watch 1.2820

Pivot (invalidation): 1.2920

Our preference Short positions below 1.2920 with targets at 1.2845 & 1.2820 in extension.

Alternative scenario Above 1.2920 look for further upside with 1.2960 & 1.2985 as targets.

Comment As Long as the resistance at 1.2920 is not surpassed, the risk of the break below 1.2845 remains high

 

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