• GBP/USD Intraday: key resistance at 1.2400.

    GBP/USD Intraday: key resistance at 1.2400.


    Pivot: 1.2400

    Most Likely Scenario: short positions below 1.2400 with targets at 1.2330 & 1.2295 in extension.

    Alternative scenario: above 1.2400 look for further upside with 1.2435 & 1.2475 as targets.

    Comment: technically the RSI is below its neutrality area at 50.

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