GBP/USD Intraday: continuation of the rebound.

GBP/USD Intraday: continuation of the rebound.
Pivot: 1.2665

Most likely scenario: long positions above 1.2665 with targets at 1.2720 & 1.2740 in extension.

Alternative scenario: below 1.2665 look for further downside with 1.2635 & 1.2615 as targets.

Comment: the break above 1.2665 is a positive signal that has opened a path to 1.2720.

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