(31 JULY 2018)GBP/USD:Turning down.

(31 JULY 2018)GBP/USD:Turning down.

31 July 2018, 09:08
Jiming Huang
0
60

gbp

Pivot (invalidation): 1.3140

Our preference

Short positions below 1.3140 with targets at 1.3095 & 1.3080 in extension.

Alternative scenario

Above 1.3140 look for further upside with 1.3155 & 1.3175 as targets.

Comment

The RSI shows downside momentum.

(By Swissquote TRADING CENTRAL) 

Share it with friends: