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 analysing GBP/USD for Tuesdayto Nov. 12, 2019

 
GBP/USD Intraday: bullish bias above 1.2845.
Pivot: 1.2845

Our preference: long positions above 1.2845 with targets at 1.2875 & 1.2900 in extension.

Alternative scenario: below 1.2845 look for further downside with 1.2830 & 1.2805 as targets.

Comment: a support base at 1.2845 has formed and has allowed for a temporary stabilisation.

Supports and resistances:

1.2920
1.2900
1.2875
1.2865 Last
1.2845
1.2830
1.2805

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