7760947 8/14/2017 6:32 AM, GBP/USD Intraday: bullish bias above 1.2985.


Pivot: 1.2985


Our preference:

long positions above 1.2985 with targets at 1.3035 & 1.3055 in extension.


Alternative scenario:

below 1.2985 look for further downside with 1.2955 & 1.2935 as targets.


Comment:

technically the RSI is above its neutrality area at 50.


Supports and resistances:


1.3080 ***

1.3055 ***

1.3035 ***


1.3002

Last

1.2985 ***

1.2955 **

1.2935 ***