(12 December 2019)GBP/USD The upside prevails.

(12 December 2019)GBP/USD The upside prevails.

12 December 2019, 09:13
Jiming Huang
0
98

gb
Pivot
 (invalidation): 1.3190
Our preference
Long positions above 1.3190 with targets at 1.3235 & 1.3260 in extension.
Alternative scenario
Below 1.3190 look for further downside with 1.3170 & 1.3140 as targets.
Comment
The RSI is bullish and calls for further upside.

(By Swissquote TRADING CENTRAL)