GBP/USD may rise 40 - 85 pips.

GBP/USD may rise 40 - 85 pips.

GBP/USD may rise 40 - 85 pips.

Pivot 1.3365
Our preference : Long positions above 1.3365 with targets at 1.3435 & 1.3480 in extension.

Alternative scenario Below 1.3365 look for further downside with 1.3330 & 1.3295 as targets.

Comment : A support base at 1.3365 has formed and has allowed for a temporary stabilisation.