(15 OCTOBER 2018)GBP/USD:Under pressure.

(15 OCTOBER 2018)GBP/USD:Under pressure.

15 October 2018, 09:21
Jiming Huang
0
55

gbp

Pivot (invalidation): 1.3150

Our preference

Short positions below 1.3150 with targets at 1.3065 & 1.3030 in extension.

Alternative scenario

Above 1.3150 look for further upside with 1.3185 & 1.3225 as targets.

Comment

The RSI has broken down its 30 level. 

(By Swissquote TRADING CENTRAL) 

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