(16 JULY 2020)GBP/USD Watch 1.2525.

(16 JULY 2020)GBP/USD Watch 1.2525.

16 July 2020, 09:16
Jiming Huang
0
83

gb
Pivot
 (invalidation): 1.2580
Our preference
Short positions below 1.2580 with targets at 1.2545 & 1.2525 in extension.
Alternative scenario
Above 1.2580 look for further upside with 1.2600 & 1.2625 as targets.
Comment
A break below 1.2545 would trigger a drop towards 1.2525

(By Swissquote TRADING CENTRAL)


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