(20 AUGUST 2019)GBP/USD: Key resistance at 1.2145.

(20 AUGUST 2019)GBP/USD: Key resistance at 1.2145.

20 August 2019, 09:01
Jiming Huang
0
66

  gb
Pivot
 (invalidation): 1.2145
Our preference
Short positions below 1.2145 with targets at 1.2120 & 1.2105 in extension.
Alternative scenario
Above 1.2145 look for further upside with 1.2170 & 1.2190 as targets.
Comment
The upward potential is likely to be limited by the resistance at 1.2145

(By Swissquote TRADING CENTRAL)

Share it with friends: