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GBP/USD Intraday: capped by a negative trend line. October 26, 01:41 AM (UTC+1) Pivot: 1.3790. Our preference: short positions below 1.3790 with targets at 1.3740 & 1.3720 in extension. Alternative scenario: above 1.3790 look for further upside with 1.3810 & 1.3830 as targets. Comment: as long as the resistance at 1.3790 is not surpassed, the risk of the break below 1.3740 remains high. Supports and resistances: 1.3830, 1.3810, 1.3790, 1.3760 Last, 1.3740, 1.3720, 1.3700, Investment horizon: INTRADAY.

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