(30 JULY 2020)GBP/USD Supported by a rising trend line.

(30 JULY 2020)GBP/USD Supported by a rising trend line.

30 July 2020, 09:15
Jiming Huang
0
97

gb
Pivot
 (invalidation): 1.2950
Our preference
Long positions above 1.2950 with targets at 1.3015 & 1.3050 in extension.
Alternative scenario
Below 1.2950 look for further downside with 1.2910 & 1.2880 as targets.
Comment
The RSI has just landed on its neutrality area at 50% and is turning up.

(By Swissquote TRADING CENTRAL)


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