UnknownUnicorn260252

GBPUSD Intraday 1H Chart : Key Resistance 1.2330

Short
FX:GBPUSD   British Pound / U.S. Dollar
2
Preference short positions below 1.2330 with targets at 1.2085 & 1.2010 in extension.

Above 1.2330 look for further upside with 1.2400 & 1.2485 as targets.

Even though a continuation of the technical rebound cannot be ruled out, its extent should be limited.

Risk management in priority.
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