(20 December 2019)GBP/USD Under pressure.

(20 December 2019)GBP/USD Under pressure.

20 December 2019, 08:49
Jiming Huang
0
95

GB
Pivot
 (invalidation): 1.3055
Our preference
Short positions below 1.3055 with targets at 1.2990 & 1.2955 in extension.
Alternative scenario
Above 1.3055 look for further upside with 1.3085 & 1.3115 as targets.
Comment
As Long as the resistance at 1.3055 is not surpassed, the risk of the break below 1.2990
remains high.

(By Swissquote TRADING CENTRAL)