GBP/USD Intraday: bullish bias above 1.2960.
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Pivot: 1.2960
Our preference: long positions above 1.2960 with targets at 1.3020 & 1.3040 in extension.
Alternative scenario: below 1.2960 look for further downside with 1.2920 & 1.2900 as targets.
Comment: a support base at 1.2960 has formed and has allowed for a temporary stabilisation.
Supports and resistances:
1.3080
1.3040
1.3020
1.2972 Last
1.2960
1.2920
1.2900
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