(22 AUGUST 2018)GBP/USD:Rebound in sight.

(22 AUGUST 2018)GBP/USD:Rebound in sight.

22 August 2018, 09:10
Jiming Huang
0
51

gbp

Pivot (invalidation): 1.2860

Our preference

Long positions above 1.2860 with targets at 1.2945 & 1.2975 in extension.

Alternative scenario

Below 1.2860 look for further downside with 1.2810 & 1.2780 as targets.

Comment

The RSI calls for a rebound.

(By Swissquote TRADING CENTRAL) 

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