(18 February 2020)GBP/USD Watch 1.2970.

(18 February 2020)GBP/USD Watch 1.2970.

18 February 2020, 08:41
Jiming Huang
0
83

gb
Pivot
 (invalidation): 1.3020
Our preference
Short positions below 1.3020 with targets at 1.2990 & 1.2970 in extension.
Alternative scenario
Above 1.3020 look for further upside with 1.3050 & 1.3070 as targets.
Comment
A break below 1.2990 would trigger a drop towards 1.2970.

(By Swissquote TRADING CENTRAL)

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