(22 November 2019)GBP/USD Key resistance at 1.2930.

(22 November 2019)GBP/USD Key resistance at 1.2930.

22 November 2019, 08:53
Jiming Huang
0
64

gb
Pivot
 (invalidation): 1.2930
Our preference
Short positions below 1.2930 with targets at 1.2900 & 1.2890 in extension.
Alternative scenario
Above 1.2930 look for further upside with 1.2945 & 1.2965 as targets.
Comment
Even though a continuation of the technical rebound cannot be ruled out, its extent should be
limited.

(By Swissquote TRADING CENTRAL)

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