(18 December 2020)GBP/USD The downside prevails.

Pivot
 (invalidation): 1.3590
Our preference
Short positions below 1.3590 with targets at 1.3495 & 1.3450 in extension.
Alternative scenario
Above 1.3590 look for further upside with 1.3620 & 1.3655 as targets.
Comment
The RSI is bearish and calls for further downside.

(By Swissquote TRADING CENTRAL)