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Evening analysis of GBP/USD for Thursdayto Nov. 28, 2019



GBP/USD Intraday: key resistance at 1.2930.
Pivot: 1.2930

Our preference: short positions below 1.2930 with targets at 1.2885 & 1.2865 in extension.

Alternative scenario: above 1.2930 look for further upside with 1.2950 & 1.2970 as targets.

Comment: as long as the resistance at 1.2930 is not surpassed, the risk of the break below 1.2885 remains high.


Supports and resistances:

1.2970
1.2950
1.2930
1.2906 Last
1.2885
1.2865
1.2835
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