(24 AUGUST 2018)GBP/USD:Under pressure.

(24 AUGUST 2018)GBP/USD:Under pressure.

24 August 2018, 09:22
Jiming Huang
0
87

gbp

Pivot (invalidation): 1.2845

Our preference

Short positions below 1.2845 with targets at 1.2780 & 1.2750 in extension.

Alternative scenario

Above 1.2845 look for further upside with 1.2885 & 1.2910 as targets.

Comment

The RSI is mixed with a bearish bias.

(By Swissquote TRADING CENTRAL) 

Share it with friends: