(18 December 2019)GBP/USD Key resistance at 1.3150.

(18 December 2019)GBP/USD Key resistance at 1.3150.

18 December 2019, 09:10
Jiming Huang
0
90

gb
Pivot
 (invalidation): 1.3150
Our preference
Short positions below 1.3150 with targets at 1.3040 & 1.3000 in extension.
Alternative scenario
Above 1.3150 look for further upside with 1.3210 & 1.3255 as targets.
Comment
As Long as 1.3150 is resistance, look for choppy price action with a bearish bias.

(By Swissquote TRADING CENTRAL)

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