Contributors Technical Analysis GBP/USD Aim @ 1.2435

GBP/USD Aim @ 1.2435

Pivot (invalidation): 1.2485

Our preference Short positions below 1.2485 with targets at 1.2455 & 1.2435 in extension.

Alternative scenario Above 1.2485 look for further upside with 1.2500 & 1.2520 as targets.

Comment The RSI is bearish and calls for further decline.

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