(21 AUGUST 2018)GBP/USD:The upside prevails.

(21 AUGUST 2018)GBP/USD:The upside prevails.

21 August 2018, 15:28
Jiming Huang
0
47

gbp

Pivot (invalidation): 1.2790

Our preference

Long positions above 1.2790 with targets at 1.2855 & 1.2885 in extension.

Alternative scenario

Below 1.2790 look for further downside with 1.2755 & 1.2725 as targets.

Comment

The RSI is supported by a bullish trend line.

(By Swissquote TRADING CENTRAL) 

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