(07 DECEMBER 2018)GBP/USD:Caution.

(07 DECEMBER 2018)GBP/USD:Caution.

7 December 2018, 09:08
Jiming Huang
0
13

gbp

Pivot (invalidation): 1.2755

Our preference

Long positions above 1.2755 with targets at 1.2810 & 1.2840 in extension.

Alternative scenario

Below 1.2755 look for further downside with 1.2730 & 1.2700 as targets.

Comment

Intraday technical indicators are mixed and call for caution.

(By Swissquote TRADING CENTRAL) 


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