(21 DECEMBER 2018)GBP/USD:Turning down.

(21 DECEMBER 2018)GBP/USD:Turning down.

21 December 2018, 09:03
Jiming Huang
0
49

gbp

Pivot (invalidation): 1.2670

Our preference

Short positions below 1.2670 with targets at 1.2625 & 1.2605 in extension.

Alternative scenario

Above 1.2670 look for further upside with 1.2690 & 1.2710 as targets.

Comment

The RSI shows downside momentum.

(By Swissquote TRADING CENTRAL) 


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