(17 DECEMBER 2018)GBP/USD:Further upside.

(17 DECEMBER 2018)GBP/USD:Further upside.

17 December 2018, 08:53
Jiming Huang
0
65

gb

Pivot (invalidation): 1.2560

Our preference

Long positions above 1.2560 with targets at 1.2605 & 1.2635 in extension.

Alternative scenario

Below 1.2560 look for further downside with 1.2530 & 1.2515 as targets.

Comment

The RSI is bullish and calls for further upside.

(By Swissquote TRADING CENTRAL) 


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