(03 JULY 2019)GBP/USD:Under pressure.

(03 JULY 2019)GBP/USD:Under pressure.

3 July 2019, 09:00
Jiming Huang
0
39

gb

Pivot (invalidation): 1.2615

Our preference

Short positions below 1.2615 with targets at 1.2585 & 1.2560 in extension.

Alternative scenario

Above 1.2615 look for further upside with 1.2640 & 1.2670 as targets.

Comment

As Long as the resistance at 1.2615 is not surpassed, the risk of the break below 1.2585

remains high. 

(By Swissquote TRADING CENTRAL)