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analysing GBP/USD to Nov. 4, 2019

GBP/USD Intraday: key resistance at 1.2955.
Pivot: 1.2955



Our preference: short positions below 1.2955 with targets at 1.2910 & 1.2890 in extension.

Alternative scenario: above 1.2955 look for further upside with 1.2975 & 1.2990 as targets.

Comment: as long as the resistance at 1.2955 is not surpassed, the risk of the break below 1.2910 remains high.

Supports and resistances:
1.2990
1.2975
1.2955
1.2933 Last
1.2910
1.2890
1.2870



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