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analysing GBP/USD  for Wednesdayto Nov. 12, 2019,




GBP/USD Intraday: bullish bias above 1.2835.
Pivot: 1.2835

Our preference: long positions above 1.2835 with targets at 1.2875 & 1.2895 in extension.

Alternative scenario: below 1.2835 look for further downside with 1.2815 & 1.2800 as targets.

Comment: a support base at 1.2835 has formed and has allowed for a temporary stabilisation.

Supports and resistances:

1.2910
1.2895
1.2875
1.2851 Last
1.2835
1.2815
1.2800
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