(06 MAY 2020)GBP/USD Aim @ 1.2400.

(06 MAY 2020)GBP/USD Aim @ 1.2400.

6 May 2020, 09:10
Jiming Huang
0
99

gb
Pivot
 (invalidation): 1.2455
Our preference
Short positions below 1.2455 with targets at 1.2425 & 1.2400 in extension.
Alternative scenario
Above 1.2455 look for further upside with 1.2480 & 1.2500 as targets.
Comment
A break below 1.2425 would trigger a drop towards 1.240

(By Swissquote TRADING CENTRAL)

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