(16 JULY 2020)GBP/USD Watch 1.2525.

<p>Pivot</p>
<p>&nbsp;(invalidation): 1.2580 Our preference</p>
<p>Short positions below 1.2580 with targets at 1.2545 &amp; 1.2525 in extension.</p>
<p>Alternative scenario</p>
<p>Above 1.2580 look for further upside with 1.2600 &amp; 1.2625 as targets.</p>

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