Under Pressure
Our Pivot: 1.3905
Our Preference: Short Sell below 1.3858 with strict stop loss of 1.3905 and profit target at 1.3775 with extension towards 1.3750.
Alternate Scenario: Upward penetration of 1.3905 will call for 1.3945.
NOTE: GBP have given bearish breakout of its triangle.
Chart with supports & resistances:
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