(19 AUGUST 2019)GBP/USD:Bullish bias above 1.2135.

(19 AUGUST 2019)GBP/USD:Bullish bias above 1.2135.

19 August 2019, 09:04
Jiming Huang
0
62

gb

Pivot
 (invalidation): 1.2135
Our preference
Long positions above 1.2135 with targets at 1.2160 & 1.2175 in extension.
Alternative scenario
Below 1.2135 look for further downside with 1.2120 & 1.2100 as targets.
Comment
A support base at 1.2135 has formed and has allowed for a temporary stabilis

(By Swissquote TRADING CENTRAL)

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