GBP/USD




GBP/USD


GBP/USD Intraday: key resistance at 1.2805.

Pivot: 1.2805

Comment:
as long as 1.2805 is resistance, look for choppy price action with a bearish bias.

Alternative scenario:
above 1.2805 look for further upside with 1.2820 & 1.2835 as targets.

Our preference:
short positions below 1.2805 with targets at 1.2780 & 1.2770 in extension.



Working

Related News




Latest News
Japan Inc wary about wage hikes as 'Abenomics' sputters: Reuters poll
18.02.2020 01:12
By Tetsushi Kajimoto TOKYO (Reuters) - Three-fifths of Japanese firms plan to keep overall compensation flat or even cut it in the coming business year, a Reuters poll found, in a further blow to the government's attempts to boost incomes and stronger economic growth. The world's third largest economy shrank at the fastest pace in six
Read more
Tokyo commuters bound for Olympic crowd crush as Japan Inc rules out work from home
18.02.2020 01:09
By Chris Gallagher TOKYO (Reuters) - When Emi Tanimura failed to find a daycare slot for her new-born daughter, she had to take a radical step for Japan to avoid a long time away from her job at communications firm Sunny Side Up (T:2180). She started working from home. Now a mother of two, she still works flexible hours, including time at home, as
Read more
Messi, Hamilton joint winners of Sportsman of the Year at Laureus Awards
18.02.2020 01:06
(Reuters) - Formula One champion Lewis Hamilton and Barcelona forward Lionel Messi were declared joint winners of the Laureus World Sportsman of the Year Award in Berlin on Monday, with the voting tied for the first time in the awards' 20-year history. Mercedes driver Hamilton won his sixth world championship in 2019, with 11 race wins and 17
Read more
Astros' Martes suspended 162 games for doping violation
18.02.2020 01:03
(Reuters) - Houston Astros pitcher Francis Martes has been suspended for 162 games without pay after testing positive for Boldenone, a performance-enhancing substance, Major League Baseball said on Monday. Martes, who was previously suspended for a performance-enhancing substance violation in 2019, will begin his suspension at the start of the
Read more
Metro Bank likely to pick interim boss as next CEO: Sky News
18.02.2020 00:15
(Reuters) - Britain's Metro Bank (L:MTRO) is likely to pick acting boss Daniel Frumkin as its next chief executive, Sky News reported https://news.sky.com/story/metro-bank-faces-pressure-to-hand-interim-chief-top-job-11936657 on Monday, citing an unidentified insider. Formal confirmation of an appointment could take place on Tuesday or
Read more