(13 February 2020)GBP/USD The downside prevails.

(13 February 2020)GBP/USD The downside prevails.

13 February 2020, 08:43
Jiming Huang
0
91

gb
Pivot
 (invalidation): 1.2970
Our preference
Short positions below 1.2970 with targets at 1.2945 & 1.2920 in extension.
Alternative scenario
Above 1.2970 look for further upside with 1.2990 & 1.3010 as targets.
Comment
A break below 1.2945 would trigger a drop towards 1.2920.

(By Swissquote TRADING CENTRAL)

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