(07 MAY 2019)GBP/USD:Turning up.

(07 MAY 2019)GBP/USD:Turning up.

7 May 2019, 10:19
Jiming Huang
0
49

gb

Pivot (invalidation): 1.3085

Our preference

Long positions above 1.3085 with targets at 1.3150 & 1.3175 in extension.

Alternative scenario

Below 1.3085 look for further downside with 1.3045 & 1.3015 as targets.

Comment

The RSI calls for a rebound.

(By Swissquote TRADING CENTRAL)

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