(26 AUGUST 2019)GBP/USD Bullish bias above 1.2240.

(26 AUGUST 2019)GBP/USD Bullish bias above 1.2240.

26 August 2019, 09:07
Jiming Huang
0
71

gb
Pivot
 (invalidation): 1.2240
Our preference
Long positions above 1.2240 with targets at 1.2290 & 1.2310 in extension.
Alternative scenario
Below 1.2240 look for further downside with 1.2220 & 1.2195 as targets.
Comment
A support base at 1.2240 has formed and has allowed for a temporary stabi

(By Swissquote TRADING CENTRAL)

Share it with friends: