(21 NOVEMBER 2018)GBP/USD:1.2700 expected.

(21 NOVEMBER 2018)GBP/USD:1.2700 expected.

21 November 2018, 09:19
Jiming Huang
0
69

gbp

Pivot (invalidation): 1.2830

Our preference

Short positions below 1.2830 with targets at 1.2755 & 1.2700 in extension.

Alternative scenario

Above 1.2830 look for further upside with 1.2880 & 1.2950 as targets.

Comment

A break below 1.2755 would trigger a drop towards 1.2700

(By Swissquote TRADING CENTRAL)