(16 January 2020)GBP/USD Further advance.

Pivot
 (invalidation): 1.3020
Our preference
Long positions above 1.3020 with targets at 1.3070 & 1.3085 in extension.
Alternative scenario
Below 1.3020 look for further downside with 1.3000 & 1.2985 as targets.
Comment
The RSI is bullish and calls for further upside

(By Swissquote TRADING CENTRAL)