(27 MAY 2019)GBP/USD:Further upside.

(27 MAY 2019)GBP/USD:Further upside.

27 May 2019, 09:08
Jiming Huang
0
64

gb

Pivot (invalidation): 1.2705

Our preference

Long positions above 1.2705 with targets at 1.2745 & 1.2760 in extension.

Alternative scenario

Below 1.2705 look for further downside with 1.2680 & 1.2655 as targets.

Comment

The break above 1.2705 is a positive signal that has opened a path to 1.2745.

(By Swissquote TRADING CENTRAL)


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