(22 FEBRUARY 2019)GBP/USD:Towards 1.2980.

(22 FEBRUARY 2019)GBP/USD:Towards 1.2980.

22 February 2019, 08:38
Jiming Huang
0
55

gb

Pivot (invalidation): 1.3065

Our preference

Short positions below 1.3065 with targets at 1.3015 & 1.2980 in extension.

Alternative scenario

Above 1.3065 look for further upside with 1.3095 & 1.3135 as targets.

Comment

The RSI is bearish and calls for further downside.

(By Swissquote TRADING CENTRAL)

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