Technical Analysis : GBP/USD - May 1 2020

Technical Analysis : GBP/USD - May 1 2020

GBP/USD Intraday: caution.

Our preference: long positions above 1.2525 with targets at 1.2600 & 1.2640 in extension.

Alternative scenario: below 1.2525 look for further downside with 1.2485 & 1.2440 as targets.