(21 JULY 2020)GBP/USD Watch 1.2720.

(21 JULY 2020)GBP/USD Watch 1.2720.

21 July 2020, 09:16
Jiming Huang
0
88

gb
Pivot
 (invalidation): 1.2645
Our preference
Long positions above 1.2645 with targets at 1.2700 & 1.2720 in extension.
Alternative scenario
Below 1.2645 look for further downside with 1.2620 & 1.2600 as targets.
Comment
Technically the RSI is above its neutrality area at 50.

(By Swissquote TRADING CENTRAL)


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