(27 March 2020)GBP/USD The upside prevails.

(27 March 2020)GBP/USD The upside prevails.

27 March 2020, 08:59
Jiming Huang
0
41

gb
Pivot
 (invalidation): 1.2190
Our preference
Long positions above 1.2190 with targets at 1.2385 & 1.2465 in extension.
Alternative scenario
Below 1.2190 look for further downside with 1.2120 & 1.2050 as targets.
Comment
The break above 1.2190 is a positive signal that has opened a path to 1.2385.

(By Swissquote TRADING CENTRAL)

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