(13 MAY 2019)GBP/USD:Rebound expected.

(13 MAY 2019)GBP/USD:Rebound expected.

13 May 2019, 09:13
Jiming Huang
0
65

gb

Pivot (invalidation): 1.2990

Our preference

Long positions above 1.2990 with targets at 1.3035 & 1.3055 in extension.

Alternative scenario

Below 1.2990 look for further downside with 1.2970 & 1.2945 as targets.

Comment

The RSI calls for a rebound.

(By Swissquote TRADING CENTRAL)

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