(25 JUNE 2019)GBP/USD:Caution.

(25 JUNE 2019)GBP/USD:Caution.

25 June 2019, 09:05
Jiming Huang
0
56


gb

Pivot (invalidation): 1.2760

Our preference

Short positions below 1.2760 with targets at 1.2725 & 1.2705 in extension.

Alternative scenario

Above 1.2760 look for further upside with 1.2800 & 1.2820 as targets.

Comment

The upward potential is likely to be limited by the resistance at 1.2760.

(By Swissquote TRADING CENTRAL)


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