(11 August 2020)GBP/USD Turning up.

(11 August 2020)GBP/USD Turning up.

11 August 2020, 09:13
Jiming Huang
0
95

gb
Pivot
 (invalidation): 1.3060
Our preference
Long positions above 1.3060 with targets at 1.3110 & 1.3130 in extension.
Alternative scenario
Below 1.3060 look for further downside with 1.3040 & 1.3015 as targets.
Comment
Technically the RSI is above its neutrality area at 50.

(By Swissquote TRADING CENTRAL)


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