(27 December 2019)GBP/USD Bullish bias above 1.2960.

Pivot
 (invalidation): 1.2960
Our preference
Long positions above 1.2960 with targets at 1.3015 & 1.3050 in extension.
Alternative scenario
Below 1.2960 look for further downside with 1.2940 & 1.2920 as targets.
Comment
The RSI calls for a bounce.

(By Swissquote TRADING CENTRAL)