(12 DECEMBER 2018)GBP/USD:Consolidation.

(12 DECEMBER 2018)GBP/USD:Consolidation.

12 December 2018, 08:50
Jiming Huang
0
62

gbp

Pivot (invalidation): 1.2545

Our preference

Short @ 1.2510 with targets @ 1.2480 & 1.2450 in extension.

Alternative scenario

Above 1.2545 look for further upside with 1.2580 & 1.2640 as targets.

Comment

As Long as 1.2545 is resistance, likely decline to 1.2480.

(By Swissquote TRADING CENTRAL) 

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