(01 FEBRUARY 2019)GBP/USD:Turning down.

(01 FEBRUARY 2019)GBP/USD:Turning down.

2 February 2019, 06:45
Jiming Huang
0
45

gbp

Pivot (invalidation): 1.3120

Our preference

Short positions below 1.3120 with targets at 1.3075 & 1.3055 in extension.

Alternative scenario

Above 1.3120 look for further upside with 1.3160 & 1.3200 as targets.

Comment

A break below 1.3075 would trigger a drop towards 1.3055.

(By Swissquote TRADING CENTRAL)

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