(06 March 2020)GBP/USD Towards 1.3000.

(06 March 2020)GBP/USD Towards 1.3000.

6 March 2020, 08:45
Jiming Huang
0
78

gb
Pivot
 (invalidation): 1.2930
Our preference
Long positions above 1.2930 with targets at 1.2970 & 1.3000 in extension.
Alternative scenario
Below 1.2930 look for further downside with 1.2900 & 1.2865 as targets.
Comment
The RSI lacks downward momentum.

(By Swissquote TRADING CENTRAL)

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