(22 April 2020)GBP/USD Under pressure.

Pivot
 (invalidation): 1.2325
Our preference
Short positions below 1.2325 with targets at 1.2265 & 1.2245 in extension.
Alternative scenario
Above 1.2325 look for further upside with 1.2350 & 1.2380 as targets.
Comment
As Long as the resistance at 1.2325 is not surpassed, the risk of the break below 1.2265
remains high.

(By Swissquote TRADING CENTRAL)