GBPUSD Mid-day Analysis 27 Dec 2019

Further Advance

Our Pivot:1.2991

Our Preference: Buy above 1.3038 with strict stop loss of 1.2991 and target at 1.3124 and 1.3154.

Alternate Scenario: Downward penetration of 1.2991 will call for 1.2929.

NOTE: Supported by a rising trend line.

Chart with Supports and Resistances.