(23 JULY 2020)GBP/USD Key resistance at 1.2745.

(23 JULY 2020)GBP/USD Key resistance at 1.2745.

23 July 2020, 09:38
Jiming Huang
0
82

gb
Pivot
 (invalidation): 1.2745
Our preference
Short positions below 1.2745 with targets at 1.2715 & 1.2690 in extension.
Alternative scenario
Above 1.2745 look for further upside with 1.2770 & 1.2800 as targets.
Comment
The upward potential is likely to be limited by the resistance at 1.2745.

(By Swissquote TRADING CENTRAL)


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