GBP/USD Intraday: continuation of the rebound.
Pivot: 1.2100
Our preference: long positions above 1.2100 with targets at 1.2155 & 1.2175 in extension.
Alternative scenario: below 1.2100 look for further downside with 1.2075 & 1.2050 as targets.
Comment: the RSI advocates for further upside.
Supports and resistances:
1.2200
1.2175
1.2155
1.2130 Last
1.2100
1.2075
1.2050
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