GBP/USD

GBP/USD Intraday: the upside prevails.
Pivot: 1.2980

Most likely scenario: long positions above 1.2980 with targets at 1.3045 & 1.3085 in extension.

Alternative scenario: below 1.2980 look for further downside with 1.2945 & 1.2900 as targets.

Comment: a support base at 1.2980 has formed and has allowed for a temporary stabilisation.

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