GBP/USD may rise 19 - 39 pips

Pivot

1.3010

Our preference

Long positions above 1.3010 with targets at 1.3050 & 1.3070 in extension.

Alternative scenario

Below 1.3010 look for further downside with 1.2990 & 1.2970 as targets.

Comment

The RSI advocates for further advance.

Supports and resistances

1.3090

1.3070

1.3050

1.3031 Last

1.3010

1.2990

1.2970

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