(20 NOVEMBER 2018)GBP/USD:The upside prevails.

(20 NOVEMBER 2018)GBP/USD:The upside prevails.

20 November 2018, 09:06
Jiming Huang
0
51

gbp

Pivot (invalidation): 1.2830

Our preference

Long positions above 1.2830 with targets at 1.2880 & 1.2915 in extension.

Alternative scenario

Below 1.2830 look for further downside with 1.2800 & 1.2755 as targets.

Comment

The RSI lacks downward momentum.

(By Swissquote TRADING CENTRAL) 


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