(25 JUNE 2020)GBP/USD 1.2360 expected.

<p>Pivot</p>
<p>&nbsp;(invalidation): 1.2435 Our preference</p>
<p>Short positions below 1.2435 with targets at 1.2390 &amp; 1.2360 in extension.</p>
<p>Alternative scenario</p>
<p>Above 1.2435 look for further upside with 1.2465 &amp; 1.2505 as targets.</p>

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