• GBP/USD Intraday: key resistance at 1.2280.

    GBP/USD Intraday: key resistance at 1.2280.


    Pivot: 1.2280

    Most Likely Scenario: short positions below 1.2280 with targets at 1.2220 & 1.2200 in extension.

    Alternative scenario: above 1.2280 look for further upside with 1.2300 & 1.2330 as targets.

    Comment: even though a continuation of the technical rebound cannot be ruled out, its extent should be limited.

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