(14 MAY 2019)GBP/USD:1.2900 expected.

(14 MAY 2019)GBP/USD:1.2900 expected.

14 May 2019, 09:17
Jiming Huang
0
41

bg

Pivot (invalidation): 1.2990

Our preference

Short positions below 1.2990 with targets at 1.2940 & 1.2900 in extension.

Alternative scenario

Above 1.2990 look for further upside with 1.3015 & 1.3040 as targets.

Comment

A break below 1.2940 would trigger a drop towards 1.2900

(By Swissquote TRADING CENTRAL)


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