(10 August 2020)GBP/USD Turning up.

Pivot
 (invalidation): 1.3040
Our preference
Long positions above 1.3040 with targets at 1.3100 & 1.3130 in extension.
Alternative scenario
Below 1.3040 look for further downside with 1.3020 & 1.3005 as targets.
Comment
The RSI advocates for further upside

(By Swissquote TRADING CENTRAL)