(12 JUNE 2020)GBP/USD Watch 1.2475.

<p>Pivot</p>
<p>&nbsp;(invalidation): 1.2605 Our preference</p>
<p>Short positions below 1.2605 with targets at 1.2515 &amp; 1.2475 in extension.</p>
<p>Alternative scenario</p>
<p>Above 1.2605 look for further upside with 1.2645 &amp; 1.2675 as targets.</p>

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