8103170 11/11/2017 7:00 PM, GBP/USD Intraday: bullish bias above 1.3160.


Pivot: 1.3160


Our preference:

long positions above 1.3160 with targets at 1.3240 & 1.3290 in extension.


Alternative scenario:

below 1.3160 look for further downside with 1.3110 & 1.3085 as targets.


Comment:

the RSI is supported by a rising trend line.


Supports and resistances:


1.3320 **

1.3290 **

1.3240 **


1.3187

Last

1.3160 ***

1.3110 **

1.3085 *