(06 NOVEMBER 2018)GBP/USD:Further upside.

(06 NOVEMBER 2018)GBP/USD:Further upside.

6 November 2018, 09:14
Jiming Huang
0
108

gbp

Pivot (invalidation): 1.3010

Our preference

Long positions above 1.3010 with targets at 1.3105 & 1.3130 in extension.

Alternative scenario

Below 1.3010 look for further downside with 1.2970 & 1.2945 as targets.

Comment

The RSI lacks downward momentum.

(By Swissquote TRADING CENTRAL) 

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