(04 November 2019)GBP/USD Key resistance at 1.2955.

(04 November 2019)GBP/USD Key resistance at 1.2955.

4 November 2019, 09:07
Jiming Huang
0
72

gb
Pivot
 (invalidation): 1.2955
Our preference
Short positions below 1.2955 with targets at 1.2925 & 1.2910 in extension.
Alternative scenario
Above 1.2955 look for further upside with 1.2975 & 1.2990 as targets.
Comment
As Long as the resistance at 1.2955 is not surpassed, the risk of the break below 1.2925
remains high.

(By Swissquote TRADING CENTRAL)