(04 SEPTEMBER 2018)GBP/USD:1.2850 in sight.

(04 SEPTEMBER 2018)GBP/USD:1.2850 in sight.

4 September 2018, 09:44
Jiming Huang
0
55

gbp

Pivot (invalidation): 1.2890

Our preference

Short positions below 1.2890 with targets at 1.2850 & 1.2820 in extension.

Alternative scenario

Above 1.2890 look for further upside with 1.2935 & 1.2970 as targets.

Comment

A break below 1.2850 would trigger a drop towards 1.2820.

(By Swissquote TRADING CENTRAL) 

Share it with friends: