(12 February 2020)GBP/USD The upside prevails.

(12 February 2020)GBP/USD The upside prevails.

12 February 2020, 08:45
Jiming Huang
0
78

gb
Pivot
 (invalidation): 1.2940
Our preference
Long positions above 1.2940 with targets at 1.2980 & 1.3000 in extension.
Alternative scenario
Below 1.2940 look for further downside with 1.2920 & 1.2895 as targets.
Comment
Technically the RSI is above its neutrality area at 50.

(By Swissquote TRADING CENTRAL)

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