(25 March 2020)GBP/USD Supported by a rising trend line.

(25 March 2020)GBP/USD Supported by a rising trend line.

25 March 2020, 08:25
Jiming Huang
0
100

gb
Pivot
 (invalidation): 1.1750
Our preference
Long positions above 1.1750 with targets at 1.1845 & 1.1890 in extension.
Alternative scenario
Below 1.1750 look for further downside with 1.1700 & 1.1650 as targets.
Comment
The RSI lacks downward momentum

(By Swissquote TRADING CENTRAL)

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