(10 JULY 2020)GBP/USD The downside prevails.
<p>Pivot</p>
<p> (invalidation): 1.2625 Our preference</p>
<p>Short positions below 1.2625 with targets at 1.2560 & 1.2540 in extension.</p>
<p>Alternative scenario</p>
<p>Above 1.2625 look for further upside with 1.2650 & 1.2670 as targets.</p>
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