(19 February 2020)GBP/USD Towards 1.2970.

(19 February 2020)GBP/USD Towards 1.2970.

19 February 2020, 08:49
Jiming Huang
0
96

gb
Pivot
 (invalidation): 1.3015
Our preference
Short positions below 1.3015 with targets at 1.2990 & 1.2970 in extension.
Alternative scenario
Above 1.3015 look for further upside with 1.3035 & 1.3055 as targets.
Comment
A break below 1.2990 would trigger a drop towards 1.2970.

(By Swissquote TRADING CENTRAL)