GBP/USD Intraday: key resistance at 1.2885.

GBP/USD Intraday: key resistance at 1.2885.
Pivot: 1.2885

Our preference: short positions below 1.2885 with targets at 1.2840 & 1.2810 in extension.

Alternative scenario: above 1.2885 look for further upside with 1.2905 & 1.2925 as targets.

Comment: as long as the resistance at 1.2885 is not surpassed, the risk of the break below 1.2840 remains high.

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