(03 AUGUST 2018)GBP/USD:The downside prevails.

(03 AUGUST 2018)GBP/USD:The downside prevails.

3 August 2018, 09:38
Jiming Huang
0
57

gbp

Pivot (invalidation): 1.3050

Our preference

Short positions below 1.3050 with targets at 1.3000 & 1.2965 in extension.

Alternative scenario

Above 1.3050 look for further upside with 1.3095 & 1.3140 as targets.

Comment

A break below 1.3000 would trigger a drop towards 1.2965.

(By Swissquote TRADING CENTRAL) 


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