(20 February 2020)GBP/USD The downside prevails.

(20 February 2020)GBP/USD The downside prevails.

20 February 2020, 08:46
Jiming Huang
0
63

gb
Pivot
 (invalidation): 1.2930
Our preference
Short positions below 1.2930 with targets at 1.2880 & 1.2865 in extension.
Alternative scenario
Above 1.2930 look for further upside with 1.2955 & 1.2980 as targets.
Comment
The RSI has broken down its 30 level.

(By Swissquote TRADING CENTRAL)

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