(28 FEBRUARY 2019)GBP/USD:Intraday support around 1.3285.

(28 FEBRUARY 2019)GBP/USD:Intraday support around 1.3285.

28 February 2019, 09:18
Jiming Huang
0
55

gb

Pivot (invalidation): 1.3285

Our preference

Long positions above 1.3285 with targets at 1.3350 & 1.3375 in extension.

Alternative scenario

Below 1.3285 look for further downside with 1.3260 & 1.3230 as targets.

Comment

A support base at 1.3285 has formed and has allowed for a temporary stabilisation.

(By Swissquote TRADING CENTRAL)