GBP/USD Intraday: under pressure.

GBP/USD Intraday: under pressure.
Pivot: 1.2795

Most likely scenario: short positions below 1.2795 with targets at 1.2730 & 1.2695 in extension.

Alternative scenario: above 1.2795 look for further upside with 1.2820 & 1.2865 as targets.

Comment: the RSI shows downside momentum.

Leave a Reply