GBP/USD may rise to 1.3269 - 1.3620

Pivot

1.2662

Our preference

Long positions above 1.2662 with targets at 1.3269 & 1.3620 in extension.

Alternative scenario

Below 1.2662 look for further downside with 1.2610 & 1.2470 as targets.

Comment

The RSI lacks downward momentum.

Supports and resistances

1.3730

1.3620

1.3269

1.3082 Last

1.2662

1.2610

1.2470

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