GBP/USD may rise 10 - 35 pips

Pivot

1.2700

Our preference

Long positions above 1.2700 with targets at 1.2740 & 1.2765 in extension.

Alternative scenario

Below 1.2700 look for further downside with 1.2670 & 1.2655 as targets.

Comment

The RSI is bullish and calls for further advance.

Supports and resistances

1.2800

1.2765

1.2740

1.2730 Last

1.2700

1.2670

1.2655

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