(23 April 2020)GBP/USD Rebound expected.

(23 April 2020)GBP/USD Rebound expected.

23 April 2020, 09:05
Jiming Huang
0
84

gb
Pivot
 (invalidation): 1.2300
Our preference
Long positions above 1.2300 with targets at 1.2345 & 1.2385 in extension.
Alternative scenario
Below 1.2300 look for further downside with 1.2270 & 1.2245 as targets.
Comment
The RSI has just landed on its neutrality area at 50% and is turning up.

(By Swissquote TRADING CENTRAL)

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