Under Pressure
Our Pivot: 1.3455
Our Preference: Short sell below 1.3415 with strict stop loss of 1.3455 and profit target at 1.3350 with extension towards 1.3310.
Alternate Scenario: Upward penetration of 1.3455 will call for 1.3500 and 1.3550.
NOTE: GBP is being capped by a descending trend.
Chart with supports & resistances:
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