GBP/USD Intraday: the upside prevails as long as 1.2954 is support

Our pivot point stands at 1.2954.
Our preference:
the upside prevails as long as 1.2954 is support.
Alternative scenario:
the downside breakout of 1.2954 would call for 1.2916 and 1.2893.
Comment:
the RSI is trading above 70. This could mean that either the pair is in a lasting uptrend or just overbought and that therefore a correction could shape (look for bearish divergence in this case). The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 1.2939 and 1.2912).
Supports and resistances:
1.3107 **
1.3084 *
1.3061 **
1.3038
1.2987 last
1.2969
1.2954 **
1.2916 *
1.2893 **