7644194 7/13/2017 6:37 AM, GBP/USD Intraday: the upside prevails.


Pivot: 1.2855


Our preference:

long positions above 1.2855 with targets at 1.2920 & 1.2945 in extension.


Alternative scenario:

below 1.2855 look for further downside with 1.2810 & 1.2770 as targets.


Comment:

the RSI lacks downward momentum.


Supports and resistances:


1.2975 *

1.2945 **

1.2920 **


1.2892

Last

1.2855 ***

1.2810 *

1.2770 *