(17 August 2020)GBP/USD The bias remains bullish.

(17 August 2020)GBP/USD The bias remains bullish.

17 August 2020, 09:08
Jiming Huang
0
74

gb
Pivot
 (invalidation): 1.3080
Our preference
Long positions above 1.3080 with targets at 1.3115 & 1.3130 in extension.
Alternative scenario
Below 1.3080 look for further downside with 1.3060 & 1.3045 as targets.
Comment
Technically the RSI is above its neutrality area at 50.

(By Swissquote TRADING CENTRAL)