GBP/USD Towards 1.3000

Pivot (invalidation): 1.2930

Our preference Long positions above 1.2930 with targets at 1.2970 & 1.3000 in extension.

Alternative scenario Below 1.2930 look for further downside with 1.2900 & 1.2865 as targets.

Comment The RSI lacks downward momentum.

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Swissquote Bank SAhttp://en.swissquote.com/fx
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