(04 November 2020)GBP/USD The downside prevails.

(04 November 2020)GBP/USD The downside prevails.

4 November 2020, 12:26
Jiming Huang
0
81
gb
Pivot
 (invalidation): 1.3060
Our preference
Short positions below 1.3060 with targets at 1.2935 & 1.2890 in extension.
Alternative scenario
Above 1.3060 look for further upside with 1.3100 & 1.3140 as targets.
Comment
The RSI is bearish and calls for further downside.


(By Swissquote TRADING CENTRAL)


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