GBP Trading Outlook (23-12-2015)
GBP/USD
Pivot: 1.491
Our preference: short positions below 1.491 with targets @ 1.48 & 1.476 in extension.
Alternative scenario: above 1.491 look for further upside with 1.495 & 1.499 as targets.
Comment: a break below 1.48 would trigger a drop towards 1.476.
Supports and resistances:
1.499 *
1.495 ***
1.491 **
1.4825 Last
1.48 **
1.476 **
1.472 **