GBP/USD Intraday: the upside prevails.

2016-09-27

Pivot: 1.2940

Our preference: long positions above 1.2940 with targets @ 1.3030 & 1.3065 in extension.

Alternative scenario: below 1.2940 look for further downside with 1.2910 & 1.2865 as targets.

Comment: the RSI shows upside momentum.

Supports and resistances:
1.3120 ***
1.3065 ***
1.3030 ***
1.2995 Last
1.2940 ***
1.2910 ***
1.2865 ***