(19 December 2019)GBP/USD Key resistance at 1.3105.

(19 December 2019)GBP/USD Key resistance at 1.3105.

19 December 2019, 08:43
Jiming Huang
0
89

GB
Pivot
 (invalidation): 1.3105
Our preference
Short positions below 1.3105 with targets at 1.3060 & 1.3040 in extension.
Alternative scenario
Above 1.3105 look for further upside with 1.3130 & 1.3170 as targets.
Comment
As Long as the resistance at 1.3105 is not surpassed, the risk of the break below 1.3060
remains high.

(By Swissquote TRADING CENTRAL)