(06 MARCH 2019)GBP/USD:Capped by a negative trend line.

Pivot (invalidation): 1.3180

Our preference

Short positions below 1.3180 with targets at 1.3095 & 1.3050 in extension.

Alternative scenario

Above 1.3180 look for further upside with 1.3225 & 1.3255 as targets.

Comment

The RSI shows downside momentum

(By Swissquote TRADING CENTRAL)