(08 MAY 2020)GBP/USD Watch 1.2450.

(08 MAY 2020)GBP/USD Watch 1.2450.

8 May 2020, 08:53
Jiming Huang
0
106

gb
Pivot
 (invalidation): 1.2350
Our preference
Long positions above 1.2350 with targets at 1.2420 & 1.2450 in extension.
Alternative scenario
Below 1.2350 look for further downside with 1.2330 & 1.2305 as targets.
Comment
The RSI advocates for further advance.

(By Swissquote TRADING CENTRAL)

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