(12 NOVEMBER 2018)GBP/USD:The downside prevails.

(12 NOVEMBER 2018)GBP/USD:The downside prevails.

12 November 2018, 09:08
Jiming Huang
0
122

gbp

Pivot (invalidation): 1.2985

Our preference

Short positions below 1.2985 with targets at 1.2900 & 1.2860 in extension.

Alternative scenario

Above 1.2985 look for further upside with 1.3050 & 1.3090 as targets.

Comment

The RSI has broken down its 30 level. 

(By Swissquote TRADING CENTRAL) 


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