(10 March 2020)GBP/USD The downside prevails.

(10 March 2020)GBP/USD The downside prevails.

10 March 2020, 08:58
Jiming Huang
0
82

gb
Pivot
 (invalidation): 1.3100
Our preference
Short positions below 1.3100 with targets at 1.3030 & 1.2985 in extension.
Alternative scenario
Above 1.3100 look for further upside with 1.3140 & 1.3200 as targets.
Comment
The RSI lacks upward momentum.

(By Swissquote TRADING CENTRAL)

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