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HomeContributorsTechnical AnalysisGBP/USD Key Resistance At 1.2930

GBP/USD Key Resistance At 1.2930

Swissquote Bank SA
By Swissquote Bank SA

Pivot (invalidation): 1.2930

Our preference Short positions below 1.2930 with targets at 1.2900 & 1.2890 in extension.

Alternative scenario Above 1.2930 look for further upside with 1.2945 & 1.2965 as targets.

Comment Even though a continuation of the technical rebound cannot be ruled out, its extent should be limited.

Swissquote Bank SA
Swissquote Bank SAhttp://en.swissquote.com/fx
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