Contributors Technical Analysis GBP/USD Watch 1.2450

GBP/USD Watch 1.2450

Pivot (invalidation): 1.2350

Our preference Long positions above 1.2350 with targets at 1.2420 & 1.2450 in extension.

Alternative scenario Below 1.2350 look for further downside with 1.2330 & 1.2305 as targets.

Comment The RSI advocates for further advance.

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