GBP/USD may rise 21 - 56 pips

Pivot

1.3090

Our preference

Long positions above 1.3090 with targets at 1.3150 & 1.3185 in extension.

Alternative scenario

Below 1.3090 look for further downside with 1.3060 & 1.3030 as targets.

Comment

The RSI advocates for further advance.

Supports and resistances

1.3215

1.3185

1.3150

1.3129 Last

1.3090

1.3060

1.3030

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