(01 APRIL 2019)GBP/USD:Under pressure.

(01 APRIL 2019)GBP/USD:Under pressure.

1 April 2019, 09:48
Jiming Huang
0
89

gb

Pivot (invalidation): 1.3045

Our preference

Short positions below 1.3045 with targets at 1.2990 & 1.2955 in extension.

Alternative scenario

Above 1.3045 look for further upside with 1.3080 & 1.3135 as targets.

Comment

As Long as the resistance at 1.3045 is not surpassed, the risk of the break below 1.2990

remains high. 

(By Swissquote TRADING CENTRAL)