(13 March 2020)GBP/USD Under pressure.

(13 March 2020)GBP/USD Under pressure.

13 March 2020, 08:50
Jiming Huang
0
72

gb
Pivot
 (invalidation): 1.2630
Our preference
Short positions below 1.2630 with targets at 1.2485 & 1.2420 in extension.
Alternative scenario
Above 1.2630 look for further upside with 1.2695 & 1.2775 as targets.
Comment
A break below 1.2485 would trigger a drop towards 1.2420.

(By Swissquote TRADING CENTRAL)

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