Contributors Technical Analysis GBP/USD Watch 1.2475

GBP/USD Watch 1.2475

Pivot (invalidation): 1.2535

Our preference Short positions below 1.2535 with targets at 1.2495 & 1.2475 in extension.

Alternative scenario Above 1.2535 look for further upside with 1.2560 & 1.2580 as targets.

Comment The RSI lacks upward momentum.

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