7760413 8/12/2017 2:08 AM, GBP/USD Intraday: up turn.


Pivot: 1.2985


Our preference:

long positions above 1.2985 with targets at 1.3050 & 1.3080 in extension.


Alternative scenario:

below 1.2985 look for further downside with 1.2955 & 1.2925 as targets.


Comment:

the RSI broke above a declining trend line.


Supports and resistances:


1.3130 ***

1.3080 ***

1.3050 ***


1.3010

Last

1.2985 ***

1.2955 **

1.2925 ***