GBP/USD Intraday: caution

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GBP/USD Intraday: caution.Pivot: 1.3065

Our preference: long positions above 1.3065 with targets at 1.3100 & 1.3120 in extension.

Alternative scenario: below 1.3065 look for further downside with 1.3040 & 1.3015 as targets.

Comment: a support base at 1.3065 has formed and has allowed for a temporary stabilisation.