GBP/USD is neutral

Pivot

1.3435

Our preference

Short positions below 1.3435 with targets at 1.2765 & 1.2665 in extension.

Alternative scenario

Above 1.3435 look for further upside with 1.3620 & 1.3740 as targets.

Comment

The RSI is bearish and calls for further downside.

Supports and resistances

1.3740

1.3620

1.3435

1.2984 Last

1.2765

1.2665

1.2610

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