(26 JUNE 2019)GBP/USD:Under pressure.

(26 JUNE 2019)GBP/USD:Under pressure.

26 June 2019, 09:16
Jiming Huang
0
52

gb

Pivot (invalidation): 1.2710

Our preference

Short positions below 1.2710 with targets at 1.2665 & 1.2640 in extension.

Alternative scenario

Above 1.2710 look for further upside with 1.2740 & 1.2765 as targets.

Comment

The break below 1.2710 is a negative signal that has opened a path to 1.2665.

(By Swissquote TRADING CENTRAL)

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