(04 JULY 2019)GBP/USD:Bullish bias above 1.2555.

(04 JULY 2019)GBP/USD:Bullish bias above 1.2555.

4 July 2019, 09:20
Jiming Huang
0
40

gb

Pivot (invalidation): 1.2555

Our preference

Long positions above 1.2555 with targets at 1.2600 & 1.2615 in extension.

Alternative scenario

Below 1.2555 look for further downside with 1.2535 & 1.2520 as targets.

Comment

The RSI is above its neutrality area at 50%

(By Swissquote TRADING CENTRAL)


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