(09 JUNE 2020)GBP/USD Caution.

(09 JUNE 2020)GBP/USD Caution.

9 June 2020, 08:43
Jiming Huang
0
112

gb
Pivot
 (invalidation): 1.2705
Our preference
Long positions above 1.2705 with targets at 1.2755 & 1.2785 in extension.
Alternative scenario
Below 1.2705 look for further downside with 1.2675 & 1.2645 as targets.
Comment
A support base at 1.2705 has formed and has allowed for a temporary stabilisatio

(By Swissquote TRADING CENTRAL)

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