(15 NOVEMBER 2018)GBP/USD:Bullish bias above 1.2980.

(15 NOVEMBER 2018)GBP/USD:Bullish bias above 1.2980.

15 November 2018, 09:09
Jiming Huang
0
48

gbp

Pivot (invalidation): 1.2980

Our preference

Long positions above 1.2980 with targets at 1.3020 & 1.3050 in extension.

Alternative scenario

Below 1.2980 look for further downside with 1.2930 & 1.2880 as targets.

Comment

A support base at 1.2980 has formed and has allowed for a temporary stabilisation.

(By Swissquote TRADING CENTRAL) 


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