(12 March 2020)GBP/USD Under pressure.

(12 March 2020)GBP/USD Under pressure.

12 March 2020, 08:51
Jiming Huang
0
104

gb
Pivot
 (invalidation): 1.2850
Our preference
Short positions below 1.2850 with targets at 1.2800 & 1.2780 in extension.
Alternative scenario
Above 1.2850 look for further upside with 1.2880 & 1.2905 as targets.
Comment
A break below 1.2800 would trigger a drop towards 1.2780.

(By Swissquote TRADING CENTRAL)

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