(17 January 2020)GBP/USD Bullish bias above 1.3055.

(17 January 2020)GBP/USD Bullish bias above 1.3055.

17 January 2020, 08:54
Jiming Huang
0
42

gb
Pivot
 (invalidation): 1.3055
Our preference
Long positions above 1.3055 with targets at 1.3090 & 1.3105 in extension.
Alternative scenario
Below 1.3055 look for further downside with 1.3035 & 1.3015 as targets.
Comment
The break above 1.3055 is a positive signal that has opened a path to 1.3090.

(By Swissquote TRADING CENTRAL)

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