(05 DECEMBER 2018) GBP/USD: 1.2660 expected.

(05 DECEMBER 2018) GBP/USD: 1.2660 expected.

5 December 2018, 09:03
Jiming Huang
0
52

gbp

Pivot (invalidation): 1.2730

Our preference

Short positions below 1.2730 with targets at 1.2680 & 1.2660 in extension.

Alternative scenario

Above 1.2730 look for further upside with 1.2755 & 1.2790 as targets.

Comment

A break below 1.2680 would trigger a drop towards 1.2660.

(By Swissquote TRADING CENTRAL) 

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