(15 JANUARY 2019)GBP/USD:Target 1.2975.

(15 JANUARY 2019)GBP/USD:Target 1.2975.

15 January 2019, 08:49
Jiming Huang
0
68

gbp

Pivot (invalidation): 1.2850

Our preference

Long positions above 1.2850 with targets at 1.2930 & 1.2975 in extension.

Alternative scenario

Below 1.2850 look for further downside with 1.2815 & 1.2780 as targets.

Comment

The RSI is bullish and calls for further advance.

(By Swissquote TRADING CENTRAL)

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