(08 OCTOBER 2018)GBP/USD:The bias remains bullish.

(08 OCTOBER 2018)GBP/USD:The bias remains bullish.

8 October 2018, 10:18
Jiming Huang
0
44

gbp

Pivot (invalidation): 1.3090

Our preference

Long positions above 1.3090 with targets at 1.3135 & 1.3155 in extension.

Alternative scenario

Below 1.3090 look for further downside with 1.3060 & 1.3030 as targets.

Comment

Technically the RSI is above its neutrality area at 50.

(By Swissquote TRADING CENTRAL) 

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