(05 JULY 2019)GBP/USD:Key resistance at 1.2590.

(05 JULY 2019)GBP/USD:Key resistance at 1.2590.

5 July 2019, 08:49
Jiming Huang
0
52

gfb

Pivot (invalidation): 1.2590

Our preference

Short positions below 1.2590 with targets at 1.2570 & 1.2555 in extension.

Alternative scenario

Above 1.2590 look for further upside with 1.2615 & 1.2640 as targets.

Comment

A break below 1.2570 would trigger a drop towards 1.2555.

(By Swissquote TRADING CENTRAL)

Share it with friends: