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

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

24 January 2019, 09:14
Jiming Huang
0
58

gbp

Pivot (invalidation): 1.3040

Our preference

Long positions above 1.3040 with targets at 1.3120 & 1.3150 in extension.

Alternative scenario

Below 1.3040 look for further downside with 1.3015 & 1.2975 as targets.

Comment

The break above 1.3040 is a positive signal that has opened a path to 1.3120.

(By Swissquote TRADING CENTRAL)

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