intraday: rebound towards 1.3421

GBP/USD may rise 68 - 94 pips

Our preference

Rebound towards 1.3421

1.34470 Resistance •••

1.34210 Resistance.•

1.33950 Resistance •

Comment

The RSI is below its neutrality area at 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the price stands below its 20 and 50 period moving average (respectively at 1.3345 and 1.3375).

Alternative scenario

Below 1.3293, expect 1.3249 and 1.3223.

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