Contributors Technical Analysis GBP/USD Towards 1.2060

GBP/USD Towards 1.2060

Pivot (invalidation): 1.2100

Our preference Short positions below 1.2100 with targets at 1.2075 & 1.2060 in extension.

Alternative scenario Above 1.2100 look for further upside with 1.2120 & 1.2135 as targets.

Comment The RSI advocates for further decline.

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