7641556 7/12/2017 9:23 PM, GBP/USD Intraday: continuation of the rebound.


Pivot: 1.2845


Our preference:

long positions above 1.2845 with targets at 1.2920 & 1.2945 in extension.


Alternative scenario:

below 1.2845 look for further downside with 1.2810 & 1.2770 as targets.


Comment:

the immediate trend remains up and the momentum is strong.


Supports and resistances:


1.2975 *

1.2945 **

1.2920 **


1.2885

Last

1.2845 ***

1.2810 *

1.2770 *