(25 OCTOBER 2018)GBP/USD:Watch 1.2820

(25 OCTOBER 2018)GBP/USD:Watch 1.2820

25 October 2018, 09:11
Jiming Huang
0
56

gbp

Pivot (invalidation): 1.2930

Our preference

Short positions below 1.2930 with targets at 1.2860 & 1.2820 in extension.

Alternative scenario

Above 1.2930 look for further upside with 1.2970 & 1.3005 as targets.

Comment

A break below 1.2860 would trigger a drop towards 1.2820

(By Swissquote TRADING CENTRAL) 

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