(16 AUGUST 2018)GBP/USD:Turning up.

(16 AUGUST 2018)GBP/USD:Turning up.

16 August 2018, 09:47
Jiming Huang
0
60

gbp

Pivot (invalidation): 1.2685

Our preference

Long positions above 1.2685 with targets at 1.2735 & 1.2765 in extension.

Alternative scenario

Below 1.2685 look for further downside with 1.2665 & 1.2640 as targets.

Comment

The RSI calls for a new upleg.

(By Swissquote TRADING CENTRAL) 

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