GBP Trading Outlook (23-09-2015)

GBPUSD

Pivot: 1.54

Likely scenario: Short positions below 1.54 with targets @ 1.529 & 1.524 in extension.

Alternative scenario: Above 1.54 look for further upside with 1.546 & 1.553 as targets.

Comment: The RSI is badly directed.

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