(09 JULY 2020)GBP/USD The upside prevails.

Pivot
 (invalidation): 1.2590
Our preference
Long positions above 1.2590 with targets at 1.2630 & 1.2650 in extension.
Alternative scenario
Below 1.2590 look for further downside with 1.2565 & 1.2535 as targets.
Comment
The break above 1.2590 is a positive signal that has opened a path to 1.2630.

(By Swissquote TRADING CENTRAL)