(11 APRIL 2019)GBP/USD:Supported by a rising trend line.

(11 APRIL 2019)GBP/USD:Supported by a rising trend line.

11 April 2019, 09:49
Jiming Huang
0
23

gb

Pivot (invalidation): 1.3080

Our preference

Long positions above 1.3080 with targets at 1.3120 & 1.3140 in extension.

Alternative scenario

Below 1.3080 look for further downside with 1.3060 & 1.3030 as targets.

Comment

The RSI is above its neutrality area at 50%

(By Swissquote TRADING CENTRAL)

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