GBP Trading Outlook (22-12-2015)
GBP/USD
Pivot: 1.495
Our preference: short positions below 1.495 with targets @ 1.4865 & 1.48 in extension.
Alternative scenario: above 1.495 look for further upside with 1.499 & 1.504 as targets.
Comment: a break below 1.4865 would trigger a drop towards 1.48.
Supports and resistances:
1.504 *
1.499 *
1.495 ***
1.4885 Last
1.4865 **
1.48 **
1.476 **