GBP/USD Intraday: the bias remains bullish.
Long positions above 1.2425 with targets at 1.2525 & 1.2570 in extension.
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Long positions above 1.2425 with targets at 1.2525 & 1.2570 in extension.
Long positions above 132.45 with targets at 133.15 & 133.50 in extension.
Long positions above 1.0870 with targets at 1.0935 & 1.0970 in extension.
Short positions below 0.6800 with targets at 0.6710 & 0.6680 in extension.
Alternative scenario: below 0.6272, expect 0.6243 and 0.6226.
Alternative scenario: the upside breakout of 1.3282 would call for 1.3310 and 1.3327.
The MACD is below its signal line and negative.
The configuration is positive.
Alternative scenario: below 1.9297, expect 1.8824 and 1.8543.
Alternative scenario: the downside breakout of 1.6367 would call for 1.6001 and 1.5783.