(26 MARCH 2019)GBP/USD:The bias remains bullish.

(26 MARCH 2019)GBP/USD:The bias remains bullish.

26 March 2019, 08:55
Jiming Huang
0
12

gbp

Pivot (invalidation): 1.3170

Our preference

Long positions above 1.3170 with targets at 1.3220 & 1.3245 in extension.

Alternative scenario

Below 1.3170 look for further downside with 1.3140 & 1.3110 as targets.

Comment

A support base at 1.3170 has formed and has allowed for a temporary stabilisation.

(By Swissquote TRADING CENTRAL)


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