(08 JUNE 2020)GBP/USD The bias remains bullish.

(08 JUNE 2020)GBP/USD The bias remains bullish.

8 June 2020, 08:46
Jiming Huang
0
116

bg
Pivot
 (invalidation): 1.2675
Our preference
Long positions above 1.2675 with targets at 1.2735 & 1.2765 in extension.
Alternative scenario
Below 1.2675 look for further downside with 1.2645 & 1.2615 as targets.
Comment
The break above 1.2675 is a positive signal that has opened a path to 1.2735.

(By Swissquote TRADING CENTRAL)