GBP Trading Outlook (21-07-2015)

 

GBPUSD

Pivot: 1.563

Likely scenario: Short positions below 1.563 with targets @ 1.5535 & 1.5495 in extension.

Alternative scenario: Above 1.563 look for further upside with 1.5675 & 1.573 as targets.

Comment: The RSI is mixed to bearish.

gbp

 

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