(27 JUNE 2018)GBP/USD:Under pressure.

Under pressure. 

(By Swissquote TRADING CENTRAL)

Pivot (invalidation): 1.3255

Our preference

Short positions below 1.3255 with targets at 1.3190 & 1.3145 in extension.

Alternative scenario

Above 1.3255 look for further upside with 1.3290 & 1.3315 as targets.

Comment

As Long as the resistance at 1.3255 is not surpassed, the risk of the break below 1.3190

remains high.