(17 JUNE 2020)GBP/USD Watch 1.2505.

(17 JUNE 2020)GBP/USD Watch 1.2505.

17 June 2020, 09:06
Jiming Huang
0
105

G gb
Pivot
 (invalidation): 1.2590
Our preference
Short positions below 1.2590 with targets at 1.2525 & 1.2505 in extension.
Alternative scenario
Above 1.2590 look for further upside with 1.2615 & 1.2640 as targets.
Comment
The RSI lacks upward momentum.

(By Swissquote TRADING CENTRAL)

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