(07 FEBRUARY 2019)GBP/USD:Under pressure.

(07 FEBRUARY 2019)GBP/USD:Under pressure.

7 February 2019, 09:08
Jiming Huang
0
63

gbp

Pivot (invalidation): 1.2960

Our preference

Short positions below 1.2960 with targets at 1.2890 & 1.2855 in extension.

Alternative scenario

Above 1.2960 look for further upside with 1.2980 & 1.3000 as targets.

Comment

Technically the RSI is below its neutrality area at 50.

(By Swissquote TRADING CENTRAL)

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