(07 JANUARY 2019)GBP/USD:1.2815 expected.

(07 JANUARY 2019)GBP/USD:1.2815 expected.

7 January 2019, 08:54
Jiming Huang
0
67

bp

Pivot (invalidation): 1.2695

Our preference

Long positions above 1.2695 with targets at 1.2765 & 1.2815 in extension.

Alternative scenario

Below 1.2695 look for further downside with 1.2645 & 1.2615 as targets.

Comment

The RSI is bullish and calls for further upside.

(By Swissquote TRADING CENTRAL) 


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