GBP/USD Intraday: target 1.2640.

Pivot: 1.2685

Our preference: short positions below 1.2685 with targets at 1.2660 & 1.2640 in extension.

Alternative scenario: above 1.2685 look for further upside with 1.2705 & 1.2725 as targets.

Comment: a break below 1.2660 would trigger a drop towards 1.2640.

Chart Caption
    Green Lines Represent Resistances
    Red Lines Represent Support Levels
    Light Blue is a Pivot Point
    Black represents the price when the report was produced