(03 JUNE 2020)GBP/USD Bullish bias above 1.2525.

(03 JUNE 2020)GBP/USD Bullish bias above 1.2525.

3 June 2020, 09:03
Jiming Huang
0
91

gb
Pivot
 (invalidation): 1.2525
Our preference
Long positions above 1.2525 with targets at 1.2635 & 1.2670 in extension.
Alternative scenario
Below 1.2525 look for further downside with 1.2495 & 1.2455 as targets.
Comment
Technically the RSI is above its neutrality area at 50

(By Swissquote TRADING CENTRAL)

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