(29 MARCH 2019)GBP/USD:Look for 1.3000.

(29 MARCH 2019)GBP/USD:Look for 1.3000.

29 March 2019, 08:47
Jiming Huang
0
66

gbp

Pivot (invalidation): 1.3095

Our preference

Short positions below 1.3095 with targets at 1.3035 & 1.3000 in extension.

Alternative scenario

Above 1.3095 look for further upside with 1.3140 & 1.3170 as targets.

Comment

A break below 1.3035 would trigger a drop towards 1.3000.

(By Swissquote TRADING CENTRAL)