![(11 DECEMBER 2018)GBP/USD:Key resistance at 1.2600. (11 DECEMBER 2018)GBP/USD:Key resistance at 1.2600.](https://c.mql5.com/6/820/splash-723303.jpg)
![Jiming Huang Jiming Huang](https://c.mql5.com/avatar/2015/11/563C54E3-36DF.jpg)
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Pivot (invalidation): 1.2600
Our preference
Short positions below 1.2600 with targets at 1.2540 & 1.2505 in extension.
Alternative scenario
Above 1.2600 look for further upside with 1.2650 & 1.2690 as targets.
Comment
The upward potential is likely to be limited by the resistance at 1.2600.
(By Swissquote TRADING CENTRAL)