(15 JULY 2020)GBP/USD The bias remains bullish.

<p>Pivot</p>
<p>&nbsp;(invalidation): 1.2540 Our preference</p>
<p>Long positions above 1.2540 with targets at 1.2585 &amp; 1.2610 in extension.</p>
<p>Alternative scenario</p>
<p>Below 1.2540 look for further downside with 1.2505 &amp; 1.2480 as targets.</p>

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