(06 SEPTEMBER 2018)GBP/USD:Aim @ 1.2950.

(06 SEPTEMBER 2018)GBP/USD:Aim @ 1.2950.

6 September 2018, 09:18
Jiming Huang
0
57

gbp

Pivot (invalidation): 1.2870

Our preference

Long positions above 1.2870 with targets at 1.2950 & 1.2985 in extension.

Alternative scenario

Below 1.2870 look for further downside with 1.2840 & 1.2805 as targets.

Comment

The RSI is bullish and calls for further upside.

(By Swissquote TRADING CENTRAL)

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