(01 JULY 2020)GBP/USD The upside prevails.

(01 JULY 2020)GBP/USD The upside prevails.

1 July 2020, 09:23
Jiming Huang
0
103

gb
Pivot
 (invalidation): 1.2355
Our preference
Long positions above 1.2355 with targets at 1.2405 & 1.2435 in extension.
Alternative scenario
Below 1.2355 look for further downside with 1.2325 & 1.2285 as targets.
Comment
Technically the RSI is above its neutrality area at 50.

(By Swissquote TRADING CENTRAL)

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