(12 November 2019)GBP/USD Bullish bias above 1.2845.

(12 November 2019)GBP/USD Bullish bias above 1.2845.

12 November 2019, 08:56
Jiming Huang
0
64

gb
Pivot
 (invalidation): 1.2845
Our preference
Long positions above 1.2845 with targets at 1.2875 & 1.2900 in extension.
Alternative scenario
Below 1.2845 look for further downside with 1.2830 & 1.2805 as targets.
Comment
A support base at 1.2845 has formed and has allowed for a temporary stabilisation

(By Swissquote TRADING CENTRAL)

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