(24 SEPTEMBER 2018)GBP/USD:Under pressure.

(24 SEPTEMBER 2018)GBP/USD:Under pressure.

24 September 2018, 09:30
Jiming Huang
0
55

gbp

Pivot (invalidation): 1.3105

Our preference

Short positions below 1.3105 with targets at 1.3055 & 1.3025 in extension.

Alternative scenario

Above 1.3105 look for further upside with 1.3140 & 1.3170 as targets.

Comment

As Long as the resistance at 1.3105 is not surpassed, the risk of the break below 1.3055

remains high. 

(By Swissquote TRADING CENTRAL)