GBP/USD Intraday: First target, continuation or consolidation?
GBP/USD (GBP/USD)+0.00007+0.01%
The upside prevails as long as 1.3307 is support, with 1.3369 and 1.3385 as targets

Our pivot point is at 1.3307.
Our preference: The upside prevails as long as 1.3307 is support, with 1.3369 and 1.3385 as targets
Alternative scenario: below 1.3307, expect 1.3279 and 1.3263.
Comment: The chart structure suggests the instrument is coiling ahead of a potentially significant move.
Supports and resistances:
1.3402 *
1.3385 **
1.3369
1.3349 last
1.3307 **
1.3279 *
1.3263 **
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