(08 JANUARY 2019)GBP/USD:Turning down.

(08 JANUARY 2019)GBP/USD:Turning down.

8 January 2019, 09:19
Jiming Huang
0
58

gbp

Pivot (invalidation): 1.2790

Our preference

Short positions below 1.2790 with targets at 1.2745 & 1.2720 in extension.

Alternative scenario

Above 1.2790 look for further upside with 1.2815 & 1.2850 as targets.

Comment

The RSI shows downside momentum

(By Swissquote TRADING CENTRAL) 


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