7969471 10/10/2017 6:42 AM, GBP/USD Intraday: the upside prevails.


Pivot: 1.3105


Our preference:

long positions above 1.3105 with targets at 1.3160 & 1.3185 in extension.


Alternative scenario:

below 1.3105 look for further downside with 1.3070 & 1.3030 as targets.


Comment:

even though a continuation of the consolidation cannot be ruled out, its extent should be limited.


Supports and resistances:


1.3225

1.3185

1.3160


1.3141

Last

1.3105

1.3070

1.3030