HomeContributorsTechnical AnalysisGBP/USD The Downside Prevails

GBP/USD The Downside Prevails

Pivot (invalidation): 1.2970

Our preference Short positions below 1.2970 with targets at 1.2945 & 1.2920 in extension.

Alternative scenario Above 1.2970 look for further upside with 1.2990 & 1.3010 as targets.

Comment A break below 1.2945 would trigger a drop towards 1.2920

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