(25 October 2019)GBP/USD Key resistance at 1.2875.

Pivot
 (invalidation): 1.2875
Our preference
Short positions below 1.2875 with targets at 1.2810 & 1.2785 in extension.
Alternative scenario
Above 1.2875 look for further upside with 1.2915 & 1.2945 as targets.
Comment
As Long as 1.2875 is resistance, look for choppy price action with a bearish bias. The pair has
posted a bearish pattern of lower highs.

(By Swissquote TRADING CENTRAL)