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GBP/USD Pivot Point

GBP/USD Intraday: under pressure.

Pivot: 1.5025

Most Likely Scenario: Short positions below 1.5025 with targets @ 1.4775 & 1.471 in extension.

Alternative scenario: Above 1.5025 look for further upside with 1.51 & 1.5165 as targets.

Comment: The pair is posting a slight rebound but stands below its resistance.

GBP/USD Chart

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