(18 MARCH 2019)GBP/USD:Watch 1.3380.

(18 MARCH 2019)GBP/USD:Watch 1.3380.

18 March 2019, 09:11
Jiming Huang
0
58

gbp

Pivot (invalidation): 1.3260

Our preference

Long positions above 1.3260 with targets at 1.3330 & 1.3380 in extension.

Alternative scenario

Below 1.3260 look for further downside with 1.3230 & 1.3200 as targets.

Comment

The RSI has just landed on its neutrality area at 50% and is turning up.

(By Swissquote TRADING CENTRAL)