(29 October 2019)GBP/USD Bullish bias above 1.2825.

(29 October 2019)GBP/USD Bullish bias above 1.2825.

29 October 2019, 09:07
Jiming Huang
0
84

gb
Pivot
 (invalidation): 1.2825
Our preference
Long positions above 1.2825 with targets at 1.2875 & 1.2895 in extension.
Alternative scenario
Below 1.2825 look for further downside with 1.2810 & 1.2790 as targets.
Comment
A support base at 1.2825 has formed and has allowed for a temporary stabilisation.

(By Swissquote TRADING CENTRAL)

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