|GBP/USD Intraday: under pressure.|
Our preference: short positions below 1.2895 with targets at 1.2845 & 1.2820 in extension.
Alternative scenario: above 1.2895 look for further upside with 1.2920 & 1.2940 as targets.
Comment: the RSI shows downside momentum.
Currency Hedger is Powered By Rational Foreign Exchange and regulated by the Financial Conduct Authority (FRN: 507958) under the Payment Services Regulations 2009, for the provision of payment services. Issued by HM Revenue & Customs (HMRC) Risk Disclaimer
Inspired By Emma Roche