(02 AUGUST 2018)GBP/USD:Turning down.

(02 AUGUST 2018)GBP/USD:Turning down.

2 August 2018, 14:07
Jiming Huang
0
90

gbp

Pivot (invalidation): 1.3140

Our preference

Short positions below 1.3140 with targets at 1.3080 & 1.3050 in extension.

Alternative scenario

Above 1.3140 look for further upside with 1.3170 & 1.3190 as targets.

Comment

The RSI calls for a new downleg.

(By Swissquote TRADING CENTRAL) 

Share it with friends: