8082254 11/7/2017 1:45 PM, GBP/USD Intraday: bullish bias above 1.3125.


Pivot: 1.3125


Our preference:

long positions above 1.3125 with targets at 1.3190 & 1.3235 in extension.


Alternative scenario:

below 1.3125 look for further downside with 1.3080 & 1.3040 as targets.


Comment:

the break above 1.3125 is a positive signal that has opened a path to 1.3190.


Supports and resistances:


1.3290 **

1.3235 *

1.3190 *


1.3170

Last

1.3125 ***

1.3080 *

1.3040 *