7758587 8/11/2017 4:04 PM, GBP/USD Intraday: capped by a negative trend line.


Pivot: 1.3015


Our preference:

short positions below 1.3015 with targets at 1.2950 & 1.2925 in extension.


Alternative scenario:

above 1.3015 look for further upside with 1.3055 & 1.3105 as targets.


Comment:

as long as the resistance at 1.3015 is not surpassed, the risk of the break below 1.2950 remains high.


Supports and resistances:


1.3105 ***

1.3055 ***

1.3015 ***


1.2980

Last

1.2950 ***

1.2925 **

1.2900 ***