7852635 9/7/2017 10:34 AM, GBP/USD Intraday: the upside prevails.


Pivot: 1.3020


Our preference:

long positions above 1.3020 with targets at 1.3085 & 1.3115 in extension.


Alternative scenario:

below 1.3020 look for further downside with 1.2990 & 1.2950 as targets.


Comment:

the RSI lacks downward momentum.


Supports and resistances:


1.3140

1.3115

1.3085


1.3047

Last

1.3020

1.2990

1.2950