(10 APRIL 2019)GBP/USD:Key resistance at 1.3070.

(10 APRIL 2019)GBP/USD:Key resistance at 1.3070.

10 April 2019, 09:43
Jiming Huang
0
15

gbp

Pivot (invalidation): 1.3070

Our preference

Short positions below 1.3070 with targets at 1.3030 & 1.3005 in extension.

Alternative scenario

Above 1.3070 look for further upside with 1.3090 & 1.3115 as targets.

Comment

The upward potential is likely to be limited by the resistance at 1.3070.

(By Swissquote TRADING CENTRAL)


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