FX:GBPUSD   British Pound / U.S. Dollar
No change in view.

I suspect medium-term pull-back towards 1.2887.

We are very over extended and yes, market is feeling USD BULL, but one should consider what positions are.

For now we BUY 1.2330-1.2380 (if adding or new) and take profit @ 1.2667 and re-buy when going lower somewhere 1.2457.


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