(09 OCTOBER 2018)GBP/USD:Watch 1.3135.

(09 OCTOBER 2018)GBP/USD:Watch 1.3135.

9 October 2018, 09:21
Jiming Huang
0
67

gbp

Pivot (invalidation): 1.3055

Our preference

Long positions above 1.3055 with targets at 1.3110 & 1.3135 in extension.

Alternative scenario

Below 1.3055 look for further downside with 1.3030 & 1.3000 as targets.

Comment

The RSI is bullish and calls for further upside

(By Swissquote TRADING CENTRAL)