GBP Trading Outlook (29-09-2015)

GBPUSD

Pivot: 1.521

Likely scenario: Short positions below 1.521 with targets @ 1.513 & 1.509 in extension.

Alternative scenario: Above 1.521 look for further upside with 1.5245 & 1.5285 as targets.

Comment: The RSI lacks upward momentum.

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