Under Pressure
Our Pivot: 1.3925
Our Preference: Short sell below 1.3890 with strict stop loss of 1.3925 and profit target at 1.3857 with extension towards 1.3835.
Alternate Scenario: Upward penetration of 1.3925 will call for 1.3975.
NOTE: GBP is being capped by a resistant trend line.
Chart with supports & resistances:
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