(05 APRIL 2019)GBP/USD:Watch 1.3025.

(05 APRIL 2019)GBP/USD:Watch 1.3025.

5 April 2019, 09:50
Jiming Huang
0
112

gb

Pivot (invalidation): 1.3115

Our preference
Short positions below 1.3115 with targets at 1.3060 & 1.3025 in extension.
Alternative scenario
Above 1.3115 look for further upside with 1.3150 & 1.3190 as targets.
Comment
As Long as the resistance at 1.3115 is not surpassed, the risk of the break below 1.3060

remains high. 

(By Swissquote TRADING CENTRAL)