GBP Trading Outlook (03-08-2015)
GBPUSD
Pivot: 1.559
Likely scenario: Long positions above 1.559 with targets @ 1.568 & 1.574 in extension.
Alternative scenario: Below 1.559 look for further downside with 1.5555 & 1.5535 as targets.
Comment: The RSI has just landed on its neutrality area at 50% and is turning up.
Back to GBP Trading Outlook Archive