GBP/USD may rise 18 - 38 pips
Pivot
1.3120
Our preference
Long positions above 1.3120 with targets at 1.3185 & 1.3205 in extension.
Alternative scenario
Below 1.3120 look for further downside with 1.3105 & 1.3080 as targets.
Comment
The RSI shows upside momentum.
Supports and resistances
1.3225
1.3205
1.3185
1.3167 Last
1.3120
1.3105
1.3080
Number of asterisks represents the strength of support and resistance levels
Pivot
1.3120
Our preference
Long positions above 1.3120 with targets at 1.3185 & 1.3205 in extension.
Alternative scenario
Below 1.3120 look for further downside with 1.3105 & 1.3080 as targets.
Comment
The RSI shows upside momentum.
Supports and resistances
1.3225
1.3205
1.3185
1.3167 Last
1.3120
1.3105
1.3080
Number of asterisks represents the strength of support and resistance levels