GBPUSD
Pivot: 1.538
Likely scenario: Long positions above 1.538 with targets @ 1.553 & 1.5565 in extension.
Alternative scenario: Below 1.538 look for further downside with 1.5325 & 1.529 as targets.
Comment: Even though a continuation of the consolidation cannot be ruled out, its extent should be limited.
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