(16 JULY 2019)GBP/USD:Watch 1.2475.

(16 JULY 2019)GBP/USD:Watch 1.2475.

16 July 2019, 08:49
Jiming Huang
0
50

ghb

Pivot (invalidation): 1.2535

Our preference

Short positions below 1.2535 with targets at 1.2495 & 1.2475 in extension.

Alternative scenario

Above 1.2535 look for further upside with 1.2560 & 1.2580 as targets.

Comment

The RSI lacks upward momentum

(By Swissquote TRADING CENTRAL)


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