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analysing GBP/USD  for Mondayto Dec. 10, 2019



GBP/USD Intraday: consolidation.
Pivot: 1.3160

Our preference: short positions below 1.3160 with targets at 1.3130 & 1.3115 in extension.

Alternative scenario: above 1.3160 look for further upside with 1.3180 & 1.3200 as targets.

Comment: the upward potential is likely to be limited by the resistance at 1.3160.

Supports and resistances:

1.3200
1.3180
1.3160
1.3150 Last
1.3130
1.3115
1.3100
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