(19 JULY 2019)/GBP/USD:Aim @ 1.2600.

(19 JULY 2019)/GBP/USD:Aim @ 1.2600.

19 July 2019, 08:47
Jiming Huang
0
25

gb

Pivot (invalidation): 1.2520

Our preference

Long positions above 1.2520 with targets at 1.2575 & 1.2600 in extension.

Alternative scenario

Below 1.2520 look for further downside with 1.2495 & 1.2460 as targets.

Comment

A support base at 1.2520 has formed and has allowed for a temporary stabilisation.

(By Swissquote TRADING CENTRAL)


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