(19 NOVEMBER 2018)GBP/USD:The upside prevails.

(19 NOVEMBER 2018)GBP/USD:The upside prevails.

19 November 2018, 09:12
Jiming Huang
0
57

gbp

Pivot (invalidation): 1.2800

Our preference

Long positions above 1.2800 with targets at 1.2880 & 1.2950 in extension.

Alternative scenario

Below 1.2800 look for further downside with 1.2755 & 1.2720 as targets.

Comment

The RSI has just landed on its neutrality area at 50% and is turning up.

(By Swissquote TRADING CENTRAL) 

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