(23 December 2019)GBP/USD Watch 1.2950.

(23 December 2019)GBP/USD Watch 1.2950.

23 December 2019, 09:13
Jiming Huang
0
100

gb
Pivot
 (invalidation): 1.3035
Our preference
Short positions below 1.3035 with targets at 1.2980 & 1.2950 in extension.
Alternative scenario
Above 1.3035 look for further upside with 1.3060 & 1.3080 as targets.
Comment
As Long as the resistance at 1.3035 is not surpassed, the risk of the break below 1.2980
remains high.

(By Swissquote TRADING CENTRAL)