FX:GBPUSD   British Pound / U.S. Dollar
Pivot: 1.4110

Most Likely Scenario: long positions above 1.4110 with targets @ 1.4285 & 1.4360 in extension.

Alternative scenario: below 1.4110 look for further downside with 1.4050 & 1.4005 as targets.

Comment: even though a continuation of the consolidation cannot be ruled out, its extent should be limited.

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