GBPUSD
Pivot: 1.553
Likely scenario: Long positions above 1.553 with targets @ 1.5645 & 1.568 in extension.
Alternative scenario: Below 1.553 look for further downside with 1.5485 & 1.5425 as targets.
Comment: Even though a continuation of the consolidation cannot be ruled out, its extent should be limited.
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