(28 NOVEMBER 2018)GBP/USD:Watch 1.2695.

Pivot (invalidation): 1.2775

Our preference

Short positions below 1.2775 with targets at 1.2720 & 1.2695 in extension.

Alternative scenario

Above 1.2775 look for further upside with 1.2820 & 1.2860 as targets.

Comment

A break below 1.2720 would trigger a drop towards 1.2695.

(By Swissquote TRADING CENTRAL)