GBP/USD: Rebound Expected

<p>Pivot (invalidation): 1.2400 Our preference Long positions above 1.2400 with targets at 1.2450 & 1.2480 in extension. Alternative scenario Below 1.2400 look for further downside with 1.2360 & 1.2320 as targets. Comment The RSI calls for a rebound.</p>
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