(12 JULY 2019)GBP/USD:Rebound.

(12 JULY 2019)GBP/USD:Rebound.

12 July 2019, 08:57
Jiming Huang
0
53

gb

Pivot (invalidation): 1.2520

Our preference

Long positions above 1.2520 with targets at 1.2555 & 1.2570 in extension.

Alternative scenario

Below 1.2520 look for further downside with 1.2505 & 1.2490 as targets.

Comment

The RSI calls for a bounc

(By Swissquote TRADING CENTRAL)


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