GBP Trading Outlook (02-11-2015)

GBP/USD Intraday: the upside prevails.
Pivot: 1.5375

Our preference: Long positions above 1.5375 with targets @ 1.549 & 1.551 in extension.

Alternative scenario: Below 1.5375 look for further downside with 1.5345 & 1.5305 as targets.

Comment: Technically the RSI is above its neutrality area at 50.

Supports and resistances:
1.553 **
1.551 ***
1.549 **
1.543 Last
1.5375 **
1.5345 ***
1.5305 ***

Back to GBP Trading Outlook Archive

join THOUSANDS OF other people
who trade with easymarkets

Two minutes is all it takes.

You're almost there!

Finish your application and start trading today.

DON'T MISS A TRADING OPPORTUNITY

Two minutes is all it takes.