(18 DECEMBER 2018)GBP/USD:Aim @ 1.2685.

(18 DECEMBER 2018)GBP/USD:Aim @ 1.2685.

18 December 2018, 08:47
Jiming Huang
0
57

gbp

Pivot (invalidation): 1.2590

Our preference

Long positions above 1.2590 with targets at 1.2645 & 1.2685 in extension.

Alternative scenario

Below 1.2590 look for further downside with 1.2560 & 1.2530 as targets.

Comment

The RSI is bullish and calls for further upside.

(By Swissquote TRADING CENTRAL) 

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