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

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

11 February 2019, 08:46
Jiming Huang
0
16

gbp

Pivot (invalidation): 1.2960

Our preference

Short positions below 1.2960 with targets at 1.2900 & 1.2875 in extension.

Alternative scenario

Above 1.2960 look for further upside with 1.2975 & 1.2995 as targets.

Comment

The RSI advocates for further downside.

(By Swissquote TRADING CENTRAL)

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