(20 MAY 2020)GBP/USD The bias remains bullish.

(20 MAY 2020)GBP/USD The bias remains bullish.

20 May 2020, 09:19
Jiming Huang
0
97

gb
Pivot
 (invalidation): 1.2230
Our preference
Long positions above 1.2230 with targets at 1.2295 & 1.2325 in extension.
Alternative scenario
Below 1.2230 look for further downside with 1.2200 & 1.2180 as targets.
Comment
Technically the RSI is above its neutrality area at 50.

(By Swissquote TRADING CENTRAL)

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