GBP/USD may fall 37 - 62 pips.

GBP/USD may fall 37 - 62 pips.

GBP/USD may fall 37 - 62 pips.

Pivot 1.3300
Our preference : Short positions below 1.3300 with targets at 1.3240 & 1.3215 in extension.

Alternative scenario Above 1.3300 look for further upside with 1.3345 & 1.3375 as targets.

Comment : As long as the resistance at 1.3300 is not surpassed, the risk of the break below 1.3240 remains high.