(27 MAY 2020)GBP/USD Turning down.

(27 MAY 2020)GBP/USD Turning down.

27 May 2020, 09:13
Jiming Huang
0
83

gb
Pivot
 (invalidation): 1.2345
Our preference
Short positions below 1.2345 with targets at 1.2300 & 1.2260 in extension.
Alternative scenario
Above 1.2345 look for further upside with 1.2365 & 1.2385 as targets.
Comment
The RSI shows downside momentum

(By Swissquote TRADING CENTRAL)

Share it with friends: