(02 MAY 2019)GBP/USD:Key resistance at 1.3075.

(02 MAY 2019)GBP/USD:Key resistance at 1.3075.

2 May 2019, 09:12
Jiming Huang
0
38

gb

Pivot (invalidation): 1.3075

Our preference

Short positions below 1.3075 with targets at 1.3030 & 1.3000 in extension.

Alternative scenario

Above 1.3075 look for further upside with 1.3100 & 1.3120 as targets.

Comment

The break below 1.3075 is a negative signal that has opened a path to 1.3030.

(By Swissquote TRADING CENTRAL)

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