(01 MARCH 2019)GBP/USD:The downside prevails.

(01 MARCH 2019)GBP/USD:The downside prevails.

1 March 2019, 09:10
Jiming Huang
0
51

bg

Pivot (invalidation): 1.3290

Our preference

Short positions below 1.3290 with targets at 1.3230 & 1.3190 in extension.

Alternative scenario

Above 1.3290 look for further upside with 1.3320 & 1.3350 as targets.

Comment

The RSI lacks upward momentum.

(By Swissquote TRADING CENTRAL)


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