(19 SEPTEMBER 2018)GBP/USD:The bias remains bullish.

(19 SEPTEMBER 2018)GBP/USD:The bias remains bullish.

19 September 2018, 09:17
Jiming Huang
0
217

gbp

Pivot (invalidation): 1.3130

Our preference

Long positions above 1.3130 with targets at 1.3175 & 1.3195 in extension.

Alternative scenario

Below 1.3130 look for further downside with 1.3100 & 1.3075 as targets.

Comment

Even though a continuation of the consolidation cannot be ruled out, its extent should be

limited.

(By Swissquote TRADING CENTRAL) 

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