GBP Trading Outlook (27-07-2015)

 

GBPUSD

Pivot: 1.5535

Likely scenario: Short positions below 1.5535 with targets @ 1.5495 & 1.5465 in extension.

Alternative scenario: Above 1.5535 look for further upside with 1.557 & 1.561 as targets.

Comment: Intraday technical indicators are mixed and call for caution.

gbp2

 

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