(25 JUNE 2020)GBP/USD 1.2360 expected.

(25 JUNE 2020)GBP/USD 1.2360 expected.

25 June 2020, 09:04
Jiming Huang
0
90

gb
Pivot
 (invalidation): 1.2435
Our preference
Short positions below 1.2435 with targets at 1.2390 & 1.2360 in extension.
Alternative scenario
Above 1.2435 look for further upside with 1.2465 & 1.2505 as targets.
Comment
A break below 1.2390 would trigger a drop towards 1.2360

(By Swissquote TRADING CENTRAL)

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