GBP/USD Intraday: key resistance at 1.2350.

Pivot: 1.2350

as long as the resistance at 1.2350 is not surpassed, the risk of the break below 1.2310 remains high.

Alternative scenario:
above 1.2350 look for further upside with 1.2375 & 1.2400 as targets.

Our preference:
short positions below 1.2350 with targets at 1.2310 & 1.2290 in extension.


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