(16 APRIL 2019)GBP/USD:Turning down.

(16 APRIL 2019)GBP/USD:Turning down.

16 April 2019, 09:48
Jiming Huang
0
16

gb

Pivot (invalidation): 1.3120

Our preference

Short positions below 1.3120 with targets at 1.3065 & 1.3050 in extension.

Alternative scenario

Above 1.3120 look for further upside with 1.3135 & 1.3150 as targets.

Comment

The RSI shows downside momentum

(By Swissquote TRADING CENTRAL)


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