Under Pressure
Our Pivot: 1.3535
Our Preference: Short sell below 1.3507 with strict stop loss of 1.3535 and profit target at 1.3432 with extension towards 1.3400.
Alternate Scenario: Upward penetration of 1.3535 will call for 1.3580.
NOTE: GBP is being capped by a descending trend.
Chart with supports & resistances:
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