GBP/USD Intraday: bullish bias above 1.2770.

Pivot: 1.2770

Our preference: long positions above 1.2770 with targets at 1.2840 & 1.2865 in extension.

Alternative scenario: below 1.2770 look for further downside with 1.2740 & 1.2710 as targets.

Comment: technically the RSI is above its neutrality area at 50.

Supports and resistances:

1.2890

1.2865

1.2840

1.2810 Last

1.2770

1.2740

1.2710