GBPUSD Trade Idea- 20 Aug

GBPUSD Trade Idea- 20 Aug

20 Aug 2019 02:04 PM
 

GBPUSD:-The pair founds a trend-line support at 1.2084 mark, after the sharp decline - a bull candle is formed at the support zone. RSI(14) has turned back after getting oversold below the 30 mark. Immediate resistance is seen at 1.2109 and 1.2120 mark

Our Preference:- Buy at 1.2090

Target- 1.2110 and 1.2120

Stop loss- 1.2078