(06 JULY 2020)GBP/USD Target 1.2525.

Pivot
 (invalidation): 1.2455
Our preference
Long positions above 1.2455 with targets at 1.2505 & 1.2525 in extension.
Alternative scenario
Below 1.2455 look for further downside with 1.2435 & 1.2420 as targets.
Comment
The RSI is bullish and calls for further upsid

(By Swissquote TRADING CENTRAL)