(05 November 2019)GBP/USD Under pressure.

(05 November 2019)GBP/USD Under pressure.

5 November 2019, 09:01
Jiming Huang
0
63

gb
Pivot
 (invalidation): 1.2900
Our preference
Short positions below 1.2900 with targets at 1.2860 & 1.2845 in extension.
Alternative scenario
Above 1.2900 look for further upside with 1.2920 & 1.2940 as targets.
Comment
The RSI is bearish and calls for further decline.

(By Swissquote TRADING CENTRAL)

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