GBP Trading Outlook (14-07-2015)

 

GBPUSD

Pivot: 1.555

Likely scenario: Short positions below 1.555 with targets @ 1.5465 & 1.541 in extension.

Alternative scenario: Above 1.555 look for further upside with 1.559 & 1.5605 as targets.

Comment: The RSI is badly directed.

gbp 14-7-15

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