(12 October 2020)GBP/USD Further advance.

Pivot
 (invalidation): 1.3000
Our preference
Long positions above 1.3000 with targets at 1.3050 & 1.3080 in extension.
Alternative scenario
Below 1.3000 look for further downside with 1.2970 & 1.2950 as targets.
Comment
Technically the RSI is above its neutrality area at 50.

(By Swissquote TRADING CENTRAL)