(15 MARCH 2019)GBP/USD:Capped by a negative trend line.

(15 MARCH 2019)GBP/USD:Capped by a negative trend line.

15 March 2019, 08:47
Jiming Huang
0
15

gbp

Pivot (invalidation): 1.3310

Our preference

Short positions below 1.3310 with targets at 1.3200 & 1.3145 in extension.

Alternative scenario

Above 1.3310 look for further upside with 1.3380 & 1.3415 as targets.

Comment

The RSI lacks upward momentum

(By Swissquote TRADING CENTRAL)

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