(28 AUGUST 2018)GBP/USD:Bullish bias above 1.2865.

(28 AUGUST 2018)GBP/USD:Bullish bias above 1.2865.

28 August 2018, 09:22
Jiming Huang
0
60

gbp

Pivot (invalidation): 1.2865

Our preference

Long positions above 1.2865 with targets at 1.2910 & 1.2935 in extension.

Alternative scenario

Below 1.2865 look for further downside with 1.2835 & 1.2815 as targets.

Comment

The RSI is mixed with a bullish bias

(By Swissquote TRADING CENTRAL) 

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