(05 November 2020)GBP/USD The downside prevails.

(05 November 2020)GBP/USD The downside prevails.

5 November 2020, 09:09
Jiming Huang
0
73

gb
Pivot
 (invalidation): 1.3000
Our preference
Short positions below 1.3000 with targets at 1.2915 & 1.2890 in extension.
Alternative scenario
Above 1.3000 look for further upside with 1.3025 & 1.3050 as targets.
Comment
The RSI lacks upward momentum.

(By Swissquote TRADING CENTRAL)


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