(20 DECEMBER 2018)GBP/USD:Target 1.2590.

(20 DECEMBER 2018)GBP/USD:Target 1.2590.

20 December 2018, 08:58
Jiming Huang
0
50

gbp

Pivot (invalidation): 1.2645

Our preference

Short positions below 1.2645 with targets at 1.2605 & 1.2590 in extension.

Alternative scenario

Above 1.2645 look for further upside with 1.2675 & 1.2705 as targets.

Comment

A break below 1.2605 would trigger a drop towards 1.2590

(By Swissquote TRADING CENTRAL) 

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