HomeContributorsTechnical AnalysisGBP/USD: The Upside Prevails

GBP/USD: The Upside Prevails

Pivot (invalidation): 1.2305

Our preference Long positions above 1.2305 with targets at 1.2345 & 1.2365 in extension.

Alternative scenario Below 1.2305 look for further downside with 1.2285 & 1.2250 as targets.

Comment Technically the RSI is above its neutrality area at 50.

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