(24 August 2020)GBP/USD Turning down.

(24 August 2020)GBP/USD Turning down.

24 August 2020, 09:03
Jiming Huang
0
87

gb
Pivot
 (invalidation): 1.3100
Our preference
Short positions below 1.3100 with targets at 1.3070 & 1.3055 in extension.
Alternative scenario
Above 1.3100 look for further upside with 1.3120 & 1.3145 as targets.
Comment
The RSI lacks upward momentum.

(By Swissquote TRADING CENTRAL)



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