GBP/USD Intraday: the upside prevails.
Pivot: 1.3130

Most likely scenario: long positions above 1.3130 with targets at 1.3175 & 1.3195 in extension.

Alternative scenario: below 1.3130 look for further downside with 1.3100 & 1.3075 as targets.

Comment: even though a continuation of the consolidation cannot be ruled out, its extent should be limited.

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