Contributors Technical Analysis GBP/USD Watch 1.3000

GBP/USD Watch 1.3000

Pivot (invalidation): 1.2920

Our preference Long positions above 1.2920 with targets at 1.2975 & 1.3000 in extension.

Alternative scenario Below 1.2920 look for further downside with 1.2890 & 1.2855 as targets.

Comment Technically the RSI is above its neutrality area at 50.

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