7641620 7/12/2017 9:38 PM, GBP FX Futures? (CME) Intraday: continuation of the rebound.


Pivot: 1.2875


Our preference:

long positions above 1.2875 with targets at 1.2950 & 1.2975 in extension.


Alternative scenario:

below 1.2875 look for further downside with 1.2840 & 1.2800 as targets.


Comment:

the RSI broke above a bearish trend line.


Supports and resistances:


1.3005

1.2975

1.2950


1.2909

Last

1.2875

1.2840

1.2800