(23 APRIL 2019)GBP/USD:Key resistance at 1.3005.

(23 APRIL 2019)GBP/USD:Key resistance at 1.3005.

23 April 2019, 09:29
Jiming Huang
0
72

gb

Pivot (invalidation): 1.3005

Our preference

Short positions below 1.3005 with targets at 1.2975 & 1.2960 in extension.

Alternative scenario

Above 1.3005 look for further upside with 1.3020 & 1.3035 as targets.

Comment

As Long as the resistance at 1.3005 is not surpassed, the risk of the break below 1.2975

remains high.

(By Swissquote TRADING CENTRAL)