Contributors Technical Analysis GBP/USD: Towards 1.2640

GBP/USD: Towards 1.2640

Pivot (invalidation): 1.2750

Our preference Short positions below 1.2750 with targets at 1.2675 & 1.2640 in extension.

Alternative scenario Above 1.2750 look for further upside with 1.2785 & 1.2815 as targets.

Comment The RSI shows downside momentum.

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