Turning Down
Our Pivot: 1.3625
Our Preference: Short sell below 1.3580 with strict stop loss of 1.3625 and profit target at 1.3517 with extension towards 1.3478.
Alternate Scenario: Upward penetration of 1.3625 will call for 1.3665.
NOTE: GBP is being capped by a descending trend.
Chart with supports & resistances:
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