• GBP/USD Intraday: the bias remains bullish.

    GBP/USD Intraday: the bias remains bullish.


    GBP/USD

    GBP/USD Intraday: the bias remains bullish.

       

          Pivot: 1.2425

    Most Likely Scenario: long positions above 1.2425 with targets at 1.2505 & 1.2535 in extension.

    Alternative scenario:
    below 1.2425 look for further downside with 1.2380 & 1.2335 as targets.

    Comment: the RSI lacks downward momentum.

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