(05 February 2020)GBP/USD Turning down.

(05 February 2020)GBP/USD Turning down.

5 February 2020, 08:55
Jiming Huang
0
70

gb
Pivot
 (invalidation): 1.3040
Our preference
Short positions below 1.3040 with targets at 1.3005 & 1.2980 in extension.
Alternative scenario
Above 1.3040 look for further upside with 1.3060 & 1.3080 as targets.
Comment
The RSI shows downside momentum.

(By Swissquote TRADING CENTRAL)

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