(24 January 2020)GBP/USD Rebound expected.

(24 January 2020)GBP/USD Rebound expected.

24 January 2020, 08:48
Jiming Huang
0
90

gb
Pivot
 (invalidation): 1.3100
Our preference
Long positions above 1.3100 with targets at 1.3135 & 1.3155 in extension.
Alternative scenario
Below 1.3100 look for further downside with 1.3085 & 1.3065 as targets.
Comment
The RSI lacks downward momentum.

(By Swissquote TRADING CENTRAL)

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