3:21 pm @ GBP/USD Intraday: the downside prevails.

Pivot: 1.2290

Our preference: short positions below 1.2290 with targets at 1.2210 & 1.2175 in extension.

Alternative scenario: above 1.2290 look for further upside with 1.2310 & 1.2335 as targets.

Comment: the RSI shows downside momentum.

Supports and resistances:

1.2335

1.2310

1.2290

1.2244 Last

1.2210

1.2175

1.2135

Head of Research at TRADING CENTRAL: Rémy GAUSSENS

TRADING CENTRAL is governed by the Code of Conduct of ANACOFI-CIF, an association approved by the Autorité des Marchés Financiers and registered with ORIAS under number 17005458.

Written on 09-09-2019 at 09:21 UTC+1

Price reference: 1.2244 last known on 09-09-2019 at 09:21 UTC+1

Investment horizon: INTRADAY


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