(25 APRIL 2019)GBP/USD:1.2870 expected.

(25 APRIL 2019)GBP/USD:1.2870 expected.

25 April 2019, 09:15
Jiming Huang
0
50

gb

Pivot (invalidation): 1.2930

Our preference

Short positions below 1.2930 with targets at 1.2890 & 1.2870 in extension.

Alternative scenario

Above 1.2930 look for further upside with 1.2960 & 1.2975 as targets.

Comment

The RSI lacks upward momentum.

(By Swissquote TRADING CENTRAL)


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