(30 JANUARY 2019)GBP/USD:Under pressure.

(30 JANUARY 2019)GBP/USD:Under pressure.

30 January 2019, 08:51
Jiming Huang
0
61

gbp

Pivot (invalidation): 1.3120

Our preference

Short positions below 1.3120 with targets at 1.3055 & 1.3015 in extension.

Alternative scenario

Above 1.3120 look for further upside with 1.3170 & 1.3200 as targets.

Comment

As Long as the resistance at 1.3120 is not surpassed, the risk of the break below 1.3055

remains high. 

(By Swissquote TRADING CENTRAL)


Share it with friends: