(04 JUNE 2020)GBP/USD Towards 1.2495.

(04 JUNE 2020)GBP/USD Towards 1.2495.

4 June 2020, 08:59
Jiming Huang
0
85

gb
Pivot
 (invalidation): 1.2570
Our preference
Short positions below 1.2570 with targets at 1.2525 & 1.2495 in extension.
Alternative scenario
Above 1.2570 look for further upside with 1.2605 & 1.2635 as targets.
Comment
The RSI has broken down its 30 level.

(By Swissquote TRADING CENTRAL)

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