(20 JUNE 2019)GBP/USD:Look for 1.2730.

(20 JUNE 2019)GBP/USD:Look for 1.2730.

20 June 2019, 09:48
Jiming Huang
0
71

gb

Pivot (invalidation): 1.2650

Our preference

Long positions above 1.2650 with targets at 1.2705 & 1.2730 in extension.

Alternative scenario

Below 1.2650 look for further downside with 1.2620 & 1.2590 as targets.

Comment

The RSI advocates for further upside.

(By Swissquote TRADING CENTRAL)


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