(02 APRIL 2019)GBP/USD:Key resistance at 1.3115.

(02 APRIL 2019)GBP/USD:Key resistance at 1.3115.

2 April 2019, 09:44
Jiming Huang
0
88

gbp

Pivot (invalidation): 1.3115

Our preference

Short positions below 1.3115 with targets at 1.3025 & 1.2990 in extension.

Alternative scenario

Above 1.3115 look for further upside with 1.3150 & 1.3195 as targets.

Comment

As Long as the resistance at 1.3115 is not surpassed, the risk of the break below 1.3025

remains high

(By Swissquote TRADING CENTRAL)