(11 February 2020)GBP/USD Under pressure.

(11 February 2020)GBP/USD Under pressure.

11 February 2020, 08:53
Jiming Huang
0
66

gb
Pivot
 (invalidation): 1.2940
Our preference
Short positions below 1.2940 with targets at 1.2890 & 1.2870 in extension.
Alternative scenario
Above 1.2940 look for further upside with 1.2960 & 1.2980 as targets.
Comment
The RSI lacks upward momentum.

(By Swissquote TRADING CENTRAL)

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