(14 JANUARY 2019)GBP/USD:Bullish bias above 1.2815.

(14 JANUARY 2019)GBP/USD:Bullish bias above 1.2815.

14 January 2019, 08:58
Jiming Huang
0
59

gbp

Pivot (invalidation): 1.2815

Our preference

Long positions above 1.2815 with targets at 1.2880 & 1.2910 in extension.

Alternative scenario

Below 1.2815 look for further downside with 1.2780 & 1.2735 as targets.

Comment

Technically the RSI is above its neutrality area at 50.

(By Swissquote TRADING CENTRAL)

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