GBP/USD Intraday: key resistance at 1.2750.

GBP/USD Intraday: key resistance at 1.2750.
Pivot: 1.2750

Most likely scenario: short positions below 1.2750 with targets at 1.2695 & 1.2670 in extension.

Alternative scenario: above 1.2750 look for further upside with 1.2790 & 1.2815 as targets.

Comment: the upward potential is likely to be limited by the resistance at 1.2750.

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