(10 JUNE 2020)GBP/USD Rebound expected.

Pivot
 (invalidation): 1.2700
Our preference
Long positions above 1.2700 with targets at 1.2770 & 1.2800 in extension.
Alternative scenario
Below 1.2700 look for further downside with 1.2660 & 1.2630 as targets.
Comment
The RSI has just landed on its neutrality area at 50% and is turning up.

(By Swissquote TRADING CENTRAL)