(18 JULY 2019)GBP/USD:Watch 1.2485.

(18 JULY 2019)GBP/USD:Watch 1.2485.

18 July 2019, 08:50
Jiming Huang
0
23

gb

Pivot (invalidation): 1.2415

Our preference

Long positions above 1.2415 with targets at 1.2455 & 1.2485 in extension.

Alternative scenario

Below 1.2415 look for further downside with 1.2380 & 1.2340 as targets.

Comment

The RSI advocates for further upside.

(By Swissquote TRADING CENTRAL)


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