GBP Trading Outlook (10-09-2015)
GBPUSD
Pivot: 1.532
Likely scenario: Long positions above 1.532 with targets @ 1.541 & 1.544 in extension.
Alternative scenario: Below 1.532 look for further downside with 1.529 & 1.5265 as targets.
Comment: Even though a continuation of the consolidation cannot be ruled out, its extent should be limited.
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