(28 JANUARY 2019)GBP/USD:The bias remains bullish.

Pivot (invalidation): 1.3150

Our preference

Long positions above 1.3150 with targets at 1.3260 & 1.3300 in extension.

Alternative scenario

Below 1.3150 look for further downside with 1.3080 & 1.3010 as targets.

Comment

The break above 1.3150 is a positive signal that has opened a path to 1.3260.

(By Swissquote TRADING CENTRAL)