• GBP/USD Intraday: the downside prevails.

    GBP/USD Intraday: the downside prevails.


    Pivot: 1.2850

    Most Likely Scenario: short positions below 1.2850 with targets at 1.2770 & 1.2740 in extension.

    Alternative scenario: above 1.2850 look for further upside with 1.2890 & 1.2925 as targets.

    Comment: a break below 1.2770 would trigger a drop towards 1.2740.

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