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.