(07 NOVEMBER 2018)GBP/USD:The upside prevails.

(07 NOVEMBER 2018)GBP/USD:The upside prevails.

7 November 2018, 09:08
Jiming Huang
0
165

gbp

Pivot (invalidation): 1.3080

Our preference

Long positions above 1.3080 with targets at 1.3185 & 1.3230 in extension.

Alternative scenario

Below 1.3080 look for further downside with 1.3030 & 1.2970 as targets.

Comment

The RSI calls for a new upleg.

(By Swissquote TRADING CENTRAL) 

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