(13 September 2019 )GBP/USD Bullish bias above 1.2310.

Pivot
 (invalidation): 1.2310
Our preference
Long positions above 1.2310 with targets at 1.2365 & 1.2380 in extension.
Alternative scenario
Below 1.2310 look for further downside with 1.2285 & 1.2260 as targets.
Comment
Even though a continuation of the consolidation cannot be ruled out, its extent should be
limited.

(By Swissquote TRADING CENTRAL)