(31 January 2020)GBP/USD The upside prevails.

(31 January 2020)GBP/USD The upside prevails.

31 January 2020, 08:59
Jiming Huang
0
60

gb
Pivot
 (invalidation): 1.3070
Our preference
Long positions above 1.3070 with targets at 1.3110 & 1.3135 in extension.
Alternative scenario
Below 1.3070 look for further downside with 1.3045 & 1.3020 as targets.
Comment
Technically the RSI is above its neutrality area at 50.

(By Swissquote TRADING CENTRAL)

Share it with friends: