(05 MAY 2020)GBP/USD Further advance.

(05 MAY 2020)GBP/USD Further advance.

5 May 2020, 09:04
Jiming Huang
0
94

gb
Pivot
 (invalidation): 1.2430
Our preference
Long positions above 1.2430 with targets at 1.2485 & 1.2510 in extension.
Alternative scenario
Below 1.2430 look for further downside with 1.2405 & 1.2385 as targets.
Comment
The RSI calls for a new upleg

(By Swissquote TRADING CENTRAL)

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