(06 January 2020)GBP/USD Under pressure.

(06 January 2020)GBP/USD Under pressure.

6 January 2020, 09:05
Jiming Huang
0
70

gb
Pivot
 (invalidation): 1.3095
Our preference
Short positions below 1.3095 with targets at 1.3065 & 1.3050 in extension.
Alternative scenario
Above 1.3095 look for further upside with 1.3125 & 1.3145 as targets.
Comment
The upward potential is likely to be limited by the resistance at 1.3095.

(By Swissquote TRADING CENTRAL)

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