(03 OCTOBER 2018)GBP/USD:Turning up.

(03 OCTOBER 2018)GBP/USD:Turning up.

3 October 2018, 10:04
Jiming Huang
0
55

gbp

Pivot (invalidation): 1.2970

Our preference

Long positions above 1.2970 with targets at 1.3030 & 1.3060 in extension.

Alternative scenario

Below 1.2970 look for further downside with 1.2940 & 1.2915 as targets.

Comment

The RSI calls for a rebound.

(By Swissquote TRADING CENTRAL) 

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