(27 October 2020)GBP/USD Key resistance at 1.3045.

Pivot
 (invalidation): 1.3045
Our preference
Short positions below 1.3045 with targets at 1.3005 & 1.2990 in extension.
Alternative scenario
Above 1.3045 look for further upside with 1.3075 & 1.3100 as targets.
Comment
The upward potential is likely to be limited by the resistance at 1.3045.

(By Swissquote TRADING CENTRAL)