(17 JULY 2019)GBP/USD:Aim @ 1.2370.

(17 JULY 2019)GBP/USD:Aim @ 1.2370.

17 July 2019, 08:52
Jiming Huang
0
65

gb

Pivot (invalidation): 1.2430

Our preference

Short positions below 1.2430 with targets at 1.2395 & 1.2370 in extension.

Alternative scenario

Above 1.2430 look for further upside with 1.2450 & 1.2470 as targets.

Comment

Technically the RSI is below its neutrality area at 50.

(By Swissquote TRADING CENTRAL)

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