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

Pivot (invalidation): 1.3095

Our preference

Long positions above 1.3095 with targets at 1.3170 & 1.3200 in extension.

Alternative scenario

Below 1.3095 look for further downside with 1.3055 & 1.3015 as targets.

Comment

The break above 1.3095 is a positive signal that has opened a path to 1.3170.

(By Swissquote TRADING CENTRAL)