GBP/USD may rise 28 - 53 pips

Pivot

1.3015

Our preference

Long positions above 1.3015 with targets at 1.3075 & 1.3100 in extension.

Alternative scenario

Below 1.3015 look for further downside with 1.2990 & 1.2975 as targets.

Comment

The RSI is bullish and calls for further upside.

Supports and resistances

1.3110

1.3100

1.3075

1.3047 Last

1.3015

1.2990

1.2975

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