GBP/USD intraday: as long as 1.2670 is support look for 1.2739
Our pivot point is at 1.2670.
Our preference: as long as 1.2670 is support look for 1.2739.
Alternative scenario: below 1.2670, expect 1.2644 and 1.2628.
Comment: the RSI is above 50. The MACD is positive and below its signal line. The pair could retrace. Moreover, the price is above its 20 and 50 period moving average (respectively at 1.2688 and 1.2673).
Supports and resistances:
1.2770 **
1.2754 *
1.2739 **
1.2723
1.2690 last
1.2680
1.2670 **
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