(08 AUGUST 2019)GBP/USD:Turning up.

(08 AUGUST 2019)GBP/USD:Turning up.

8 August 2019, 09:09
Jiming Huang
0
82

gb

Pivot (invalidation): 1.2150

Our preference

Long positions above 1.2150 with targets at 1.2190 & 1.2210 in extension.

Alternative scenario

Below 1.2150 look for further downside with 1.2135 & 1.2120 as targets.

Comment

The RSI calls for a new upleg.

(By Swissquote TRADING CENTRAL)

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