(25 September 2020)GBP/USD Key resistance at 1.2775.

(25 September 2020)GBP/USD Key resistance at 1.2775.

25 September 2020, 09:15
Jiming Huang
0
86

gb
Pivot
 (invalidation): 1.2775
Our preference
Short positions below 1.2775 with targets at 1.2730 & 1.2705 in extension.
Alternative scenario
Above 1.2775 look for further upside with 1.2800 & 1.2825 as targets.
Comment
The upward potential is likely to be limited by the resistance at 1.2775.

(By Swissquote TRADING CENTRAL)


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