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GBP/USD privot 1.2530

Pivot: 1.2530
preference: short positions below 1.2530 with targets at 1.2355 & 1.2275 in extension.
Alternative scenario: above 1.2530 look for further upside with 1.2585 & 1.2615 as targets.Comment: the RSI is mixed to bearish.Supports and resistances:1.2615 **1.2585 ***1.2530 ***1.2461 Last1.2355 ***1.2275 ***1.2210 ***
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Wave analysis trading tips selp

At the H4 chart, the EUR/USD pair is probably forming the extension in the wave [iii]. Earlier, after completing the zigzag in the wave E of (B), the price formed the descending impulse in the wave [i]. Consequently, during the next several days the market may continue moving downwards.
sell below 1.085 with the target of 1.065
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