(17 APRIL 2019)GBP/USD:Key Resistance short-term 1,3070.

(17 APRIL 2019)GBP/USD:Key Resistance short-term 1,3070.

17 April 2019, 09:16
Jiming Huang
0
16

gb

Pivot Point (level of 1,3070 invalidation):

Our preference

Short positions under 1,3070 goals and 1,3030 1,3015 in extension.

Alternative scenario

1,3070 indication up Greater Upward with 1,3095 and 1,3120 as targets.

Technical Commentary

While Resistance in 1,3070 is not exceeded, the risk of a break below

1,3030 remains high.

(By Swissquote TRADING CENTRAL)

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