(10 JANUARY 2019)GBP/USD:The upside prevails.

(10 JANUARY 2019)GBP/USD:The upside prevails.

10 January 2019, 09:01
Jiming Huang
0
44

gbp

Pivot (invalidation): 1.2755

Our preference

Long positions above 1.2755 with targets at 1.2820 & 1.2855 in extension.

Alternative scenario

Below 1.2755 look for further downside with 1.2730 & 1.2705 as targets.

Comment

Technically the RSI is above its neutrality area at 50.

(By Swissquote TRADING CENTRAL) 

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