Contributors Technical Analysis GBP/USD: Target 1.2525

GBP/USD: Target 1.2525

Pivot (invalidation): 1.2455

Our preference Long positions above 1.2455 with targets at 1.2505 & 1.2525 in extension.

Alternative scenario Below 1.2455 look for further downside with 1.2435 & 1.2420 as targets.

Comment The RSI is bullish and calls for further upside.

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