(05 FEBRUARY 2019)GBP/USD:Watch 1.2970.

(05 FEBRUARY 2019)GBP/USD:Watch 1.2970.

5 February 2019, 13:22
Jiming Huang
0
54

gbp

Pivot (invalidation): 1.3065

Our preference

Short positions below 1.3065 with targets at 1.3015 & 1.2970 in extension.

Alternative scenario

Above 1.3065 look for further upside with 1.3100 & 1.3125 as targets.

Comment

A break below 1.3015 would trigger a drop towards 1.2970

(By Swissquote TRADING CENTRAL)

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