(06 December 2019)GBP/USD Watch 1.3205.

(06 December 2019)GBP/USD Watch 1.3205.

6 December 2019, 08:52
Jiming Huang
0
90

gb
Pivot
 (invalidation): 1.3125
Our preference
Long positions above 1.3125 with targets at 1.3175 & 1.3205 in extension.
Alternative scenario
Below 1.3125 look for further downside with 1.3100 & 1.3085 as targets.
Comment
A support base at 1.3125 has formed and has allowed for a temporary stabilisation

(By Swissquote TRADING CENTRAL)

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