(04 FEBRUARY 2019)GBP/USD:Bullish bias above 1.3065.

(04 FEBRUARY 2019)GBP/USD:Bullish bias above 1.3065.

4 February 2019, 08:50
Jiming Huang
0
60

gbp

Pivot (invalidation): 1.3065

Our preference

Long positions above 1.3065 with targets at 1.3100 & 1.3120 in extension.

Alternative scenario

Below 1.3065 look for further downside with 1.3040 & 1.3015 as targets.

Comment

A support base at 1.3065 has formed and has allowed for a temporary stabilisation.

(By Swissquote TRADING CENTRAL)


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