8076593 11/6/2017 11:27 AM, GBP/USD Intraday: the upside prevails.


Pivot: 1.3040


Our preference:

long positions above 1.3040 with targets at 1.3100 & 1.3135 in extension.


Alternative scenario:

below 1.3040 look for further downside with 1.3000 & 1.2950 as targets.


Comment:

the RSI lacks downward momentum.


Supports and resistances:


1.3190

1.3135

1.3100


1.3074

Last

1.3040

1.3000

1.2950