(13 AUGUST 2019)GBP/USD:Turning down.

(13 AUGUST 2019)GBP/USD:Turning down.

13 August 2019, 09:24
Jiming Huang
0
19
gb

Pivot
 (invalidation): 1.2085
Our preference
Short positions below 1.2085 with targets at 1.2060 & 1.2035 in extension.
Alternative scenario
Above 1.2085 look for further upside with 1.2100 & 1.2120 as targets.
Comment
The RSI lacks upward momentum

(By Swissquote TRADING CENTRAL)

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