Contributors Technical Analysis GBP/USD: Towards 1.2495

GBP/USD: Towards 1.2495

Pivot (invalidation): 1.2570

Our preference Short positions below 1.2570 with targets at 1.2525 & 1.2495 in extension.

Alternative scenario Above 1.2570 look for further upside with 1.2605 & 1.2635 as targets.

Comment The RSI has broken down its 30 level.

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