(27 JUNE 2019)GBP/USD:Turning down.

(27 JUNE 2019)GBP/USD:Turning down.

27 June 2019, 08:45
Jiming Huang
0
54

gb

Pivot (invalidation): 1.2700

Our preference

Short positions below 1.2700 with targets at 1.2670 & 1.2660 in extension.

Alternative scenario

Above 1.2700 look for further upside with 1.2715 & 1.2730 as targets.

Comment

As Long as the resistance at 1.2700 is not surpassed, the risk of the break below 1.2670

remains high. 

(By Swissquote TRADING CENTRAL)