GBP Trading Outlook (23-07-2015)
GBPUSD
Pivot: 1.558
Likely scenario: Long positions above 1.558 with targets @ 1.564 & 1.5675 in extension.
Alternative scenario: Below 1.558 look for further downside with 1.555 & 1.5525 as targets.
Comment: The RSI is well directed.
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