(13 August 2020)GBP/USD The upside prevails.

(13 August 2020)GBP/USD The upside prevails.

13 August 2020, 09:29
Jiming Huang
0
77

gb
Pivot
 (invalidation): 1.3035
Our preference
Long positions above 1.3035 with targets at 1.3095 & 1.3120 in extension.
Alternative scenario
Below 1.3035 look for further downside with 1.3020 & 1.3000 as targets.
Comment
The RSI lacks downward momentum.

(By Swissquote TRADING CENTRAL)

Share it with friends: