(28 October 2020)GBP/USD Key resistance at 1.3050.

Pivot
 (invalidation): 1.3050
Our preference
Short positions below 1.3050 with targets at 1.3015 & 1.3000 in extension.
Alternative scenario
Above 1.3050 look for further upside with 1.3075 & 1.3100 as targets.
Comment
As Long as the resistance at 1.3050 is not surpassed, the risk of the break below 1.3015
remains high.

(By Swissquote TRADING CENTRAL)