GBP/USD Intraday: under pressure.

Trading Central 2020-11-19 18:04:05

Pivot: 1.3250

Our preference: short positions below 1.3250 with targets at 1.3190 & 1.3165 in extension.

Alternative scenario: above 1.3250 look for further upside with 1.3260 & 1.3290 as targets.

Comment: the RSI shows downside momentum.

Supports and resistances:

1.3290

1.3260

1.3250

1.3207 Last

1.3190

1.3165

1.3140

Disclaimer
The trading strategy containing reference trading prices and analysis opinions is provided by the third-party provider Trading Central.And the trading strategy is only the personal research and judgment by analysts,which is not a statement of facts.No representation or warranty is given as to the accuracy or completeness of this strategy. Consequently any person acting on it does so entirely at their own risk. TOP1 accepts no responsibility for any use that may be made of these comments and for any consequences that result.

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