GBP/USD: The Downside Prevails

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<p>Pivot (invalidation): 1.2625 Our preference Short positions below 1.2625 with targets at 1.2560 & 1.2540 in extension. Alternative scenario Above 1.2625 look for further upside with 1.2650 & 1.2670 as targets. Comment The RSI lacks upward momentum.</p>
<p>The post <a rel="nofollow" href="https://www.actionforex.com/contributors/technical-analysis/309906-gbp-usd-the-downside-prevails-27/">GBP/USD: The Downside Prevails</a> appeared first on <a rel="nofollow" href="https://www.actionforex.com">Action Forex</a>.</p>

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