GBP/USD may rise 26 - 51 pips

Pivot

1.3175

Our preference

Long positions above 1.3175 with targets at 1.3235 & 1.3260 in extension.

Alternative scenario

Below 1.3175 look for further downside with 1.3150 & 1.3130 as targets.

Comment

The RSI advocates for further advance.

Supports and resistances

1.3290

1.3260

1.3235

1.3209 Last

1.3175

1.3150

1.3130

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