GBP/USD Intraday: key resistance at 1.3010.

2016-09-26

Pivot: 1.3010

Our preference: short positions below 1.3010 with targets @ 1.2910 & 1.2865 in extension.

Alternative scenario: above 1.3010 look for further upside with 1.3045 & 1.3065 as targets.

Comment: The pair has validated a bearish flag and should face further weakness.

Supports and resistances:
1.3065 ***
1.3045 ***
1.3010 ***
1.2938 Last
1.2910 ***
1.2865 ***
1.2790 ***