HomeContributorsTechnical AnalysisGBP/USD The Bias Remains Bullish

GBP/USD The Bias Remains Bullish

Pivot (invalidation): 1.2840

Our preference Long positions above 1.2840 with targets at 1.2895 & 1.2930 in extension.

Alternative scenario Below 1.2840 look for further downside with 1.2800 & 1.2770 as targets.

Comment A support base at 1.2840 has formed and has allowed for a temporary stabilisation.

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