(08 NOVEMBER 2018)GBP/USD:Target 1.3070.

(08 NOVEMBER 2018)GBP/USD:Target 1.3070.

9 November 2018, 03:58
Jiming Huang
0
55

gbp

Pivot (invalidation): 1.3160

Our preference

Short positions below 1.3160 with targets at 1.3105 & 1.3070 in extension.

Alternative scenario

Above 1.3160 look for further upside with 1.3200 & 1.3235 as targets.

Comment

A break below 1.3105 would trigger a drop towards 1.3070.

(By Swissquote TRADING CENTRAL) 


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