GBP/USD may rise to 1.2890 - 1.2990

Pivot

1.2680

Our preference

Long positions above 1.2680 with targets at 1.2890 & 1.2990 in extension.

Alternative scenario

Below 1.2680 look for further downside with 1.2610 & 1.2515 as targets.

Comment

The RSI is bullish and calls for further advance.

Supports and resistances

1.3140

1.2990

1.2890

1.2826 Last

1.2680

1.2610

1.2515

Number of asterisks represents the strength of support and resistance levels.