GBPUSD on the M30 time-frame

GBP/USD may rise 18 - 38 pips

Pivot
1.3120

Our preference
Long positions above 1.3120 with targets at 1.3185 & 1.3205 in extension.

Alternative scenario
Below 1.3120 look for further downside with 1.3105 & 1.3080 as targets.

Comment
The RSI shows upside momentum.

Supports and resistances
1.3225
1.3205
1.3185
1.3167 Last
1.3120
1.3105
1.3080

Number of asterisks represents the strength of support and resistance levels