(11 March 2020)GBP/USD Rebound expected.

(11 March 2020)GBP/USD Rebound expected.

11 March 2020, 08:56
Jiming Huang
0
96

gb
Pivot
 (invalidation): 1.2885
Our preference
Long positions above 1.2885 with targets at 1.2950 & 1.2980 in extension.
Alternative scenario
Below 1.2885 look for further downside with 1.2865 & 1.2840 as targets.
Comment
The RSI calls for a rebound.

(By Swissquote TRADING CENTRAL)

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