(10 DECEMBER 2018)GBP/USD:Turning up.

(10 DECEMBER 2018)GBP/USD:Turning up.

10 December 2018, 08:46
Jiming Huang
0
20

gbp

Pivot (invalidation): 1.2715

Our preference

Long positions above 1.2715 with targets at 1.2780 & 1.2800 in extension.

Alternative scenario

Below 1.2715 look for further downside with 1.2695 & 1.2670 as targets.

Comment

The RSI calls for a new upleg.

(By Swissquote TRADING CENTRAL) 

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