(05 JUNE 2019)GBP/USD:Target 1.2740.

(05 JUNE 2019)GBP/USD:Target 1.2740.

5 June 2019, 09:01
Jiming Huang
0
50

gb

Pivot (invalidation): 1.2685

Our preference

Long positions above 1.2685 with targets at 1.2715 & 1.2740 in extension.

Alternative scenario

Below 1.2685 look for further downside with 1.2670 & 1.2650 as targets.

Comment

The RSI shows upside momentum.

(By Swissquote TRADING CENTRAL)


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