GBP Trading Outlook (06-10-2015)

GBPUSD

Pivot: 1.52

Likely scenario: Short positions below 1.52 with targets @ 1.5105 & 1.508 in extension.

Alternative scenario: Above 1.52 look for further upside with 1.5245 & 1.529 as targets.

Comment: The RSI is mixed to bearish.

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