(02 November 2020)GBP/USD Capped by a negative trend line.

Pivot
 (invalidation): 1.2960
Our preference
Short positions below 1.2960 with targets at 1.2910 & 1.2880 in extension.
Alternative scenario
Above 1.2960 look for further upside with 1.2985 & 1.3010 as targets.
Comment
The RSI lacks upward momentum.

(By Swissquote TRADING CENTRAL)