(27 AUGUST 2018)GBP/USD:Further upside.

(27 AUGUST 2018)GBP/USD:Further upside.

27 August 2018, 09:33
Jiming Huang
0
51

gbp

Pivot (invalidation): 1.2830

Our preference

Long positions above 1.2830 with targets at 1.2885 & 1.2910 in extension.

Alternative scenario

Below 1.2830 look for further downside with 1.2800 & 1.2780 as targets.

Comment

The RSI advocates for further upside

(By Swissquote TRADING CENTRAL) 

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