GBP/USD 1.6800 is Useful as a Near Term Pivot
Chart Prepared by Jamie Saettele, CMT using Marketscope 2.0
-RSI (daily) finished at 70 on May 1st for the first time since October. The most recent breakout level (1.6800/20) has held as support so far. Below 1.6800 would argue for a deeper setback with initial focus on 1.6760.
LEVELS: 1.6760 1.6800 1.6850 | 1.6892 1.6986 1.7042
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