(27 MARCH 2019)GBP/USD:Caution.

(27 MARCH 2019)GBP/USD:Caution.

27 March 2019, 09:19
Jiming Huang
0
52

gbp

Pivot (invalidation): 1.3170

Our preference

Long positions above 1.3170 with targets at 1.3220 & 1.3260 in extension.

Alternative scenario

Below 1.3170 look for further downside with 1.3140 & 1.3085 as targets.

Comment

Intraday technical indicators are mixed and call for caution. See if the repeatedly-tested key

support at 1.3170 can hold.

(By Swissquote TRADING CENTRAL)

Share it with friends: