GBP/USD Intraday: continuation of the rebound.

GBP/USD Intraday: continuation of the rebound.
Pivot: 1.2760

Most likely scenario: long positions above 1.2760 with targets at 1.2820 & 1.2845 in extension.

Alternative scenario: below 1.2760 look for further downside with 1.2720 & 1.2695 as targets.

Comment: the RSI shows upside momentum.

Leave a Reply