(05 SEPTEMBER 2018)GBP/USD:The upside prevails.

(05 SEPTEMBER 2018)GBP/USD:The upside prevails.

5 September 2018, 09:18
Jiming Huang
0
67

gbp

Pivot (invalidation): 1.2835

Our preference

Long positions above 1.2835 with targets at 1.2890 & 1.2935 in extension.

Alternative scenario

Below 1.2835 look for further downside with 1.2810 & 1.2780 as targets.

Comment

The RSI is bullish and calls for further upside.

(By Swissquote TRADING CENTRAL) 

Share it with friends: