(17 September 2020)GBP/USD The downside prevails.

(17 September 2020)GBP/USD The downside prevails.

17 September 2020, 09:15
Jiming Huang
0
107

gb
Pivot
 (invalidation): 1.2950
Our preference
Short positions below 1.2950 with targets at 1.2875 & 1.2840 in extension.
Alternative scenario
Above 1.2950 look for further upside with 1.2975 & 1.3005 as targets.
Comment
The RSI shows downside momentum.

(By Swissquote TRADING CENTRAL)