(17 OCTOBER 2018)GBP/USD:Turning down.

(17 OCTOBER 2018)GBP/USD:Turning down.

17 October 2018, 09:30
Jiming Huang
0
184

gbp

Pivot (invalidation): 1.3195

Our preference

Short positions below 1.3195 with targets at 1.3160 & 1.3140 in extension.

Alternative scenario

Above 1.3195 look for further upside with 1.3225 & 1.3255 as targets.

Comment

The RSI shows downside momentum.

(By Swissquote TRADING CENTRAL) 

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