(20 AUGUST 2018)GBP/USD:Further advance.

(20 AUGUST 2018)GBP/USD:Further advance.

20 August 2018, 09:31
Jiming Huang
0
59

gbp

Pivot (invalidation): 1.2715

Our preference

Long positions above 1.2715 with targets at 1.2755 & 1.2790 in extension.

Alternative scenario

Below 1.2715 look for further downside with 1.2685 & 1.2665 as targets.

Comment

The RSI is mixed to bullish.

(By Swissquote TRADING CENTRAL) 

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