(06 DECEMBER 2018) GBP/USD:1.2670 expected.

(06 DECEMBER 2018) GBP/USD:1.2670 expected.

6 December 2018, 09:06
Jiming Huang
0
61

gbp

Pivot (invalidation): 1.2760

Our preference

Short positions below 1.2760 with targets at 1.2705 & 1.2670 in extension.

Alternative scenario

Above 1.2760 look for further upside with 1.2800 & 1.2840 as targets.

Comment

A break below 1.2705 would trigger a drop towards 1.2670.

(By Swissquote TRADING CENTRAL) 

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