7646223 7/13/2017 3:05 PM, GBP/USD Intraday: continuation of the rebound.


Pivot: 1.2900


Our preference:

long positions above 1.2900 with targets at 1.2975 & 1.3000 in extension.


Alternative scenario:

below 1.2900 look for further downside with 1.2875 & 1.2855 as targets.


Comment:

the break above the resistance at 1.2900 triggered an upward acceleration to 1.2975.


Supports and resistances:


1.3030 *

1.3000 **

1.2975 **


1.2935

Last

1.2900 ***

1.2875 *

1.2855 *