Contributors Technical Analysis GBP/USD Key Resistance At 1.2145

GBP/USD Key Resistance At 1.2145

Pivot (invalidation): 1.2145

Our preference Short positions below 1.2145 with targets at 1.2120 & 1.2105 in extension.

Alternative scenario Above 1.2145 look for further upside with 1.2170 & 1.2190 as targets.

Comment The upward potential is likely to be limited by the resistance at 1.2145.

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