(11 JULY 2019)GBP/USD:The upside prevails.

(11 JULY 2019)GBP/USD:The upside prevails.

11 July 2019, 08:57
Jiming Huang
0
50

gb

Pivot (invalidation): 1.2495

Our preference

Long positions above 1.2495 with targets at 1.2540 & 1.2560 in extension.

Alternative scenario

Below 1.2495 look for further downside with 1.2480 & 1.2460 as targets.

Comment

The RSI is bullish and calls for further advance.

(By Swissquote TRADING CENTRAL)


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