GBP Trading Outlook (24-12-2015)
GBP/USD Intraday: the bias remains bullish.
Pivot: 1.483
Our preference: long positions above 1.483 with targets @ 1.491 & 1.495 in extension.
Alternative scenario: below 1.483 look for further downside with 1.48 & 1.476 as targets.
Comment: the RSI lacks downward momentum.
Supports and resistances:
1.4985 **
1.495 ***
1.491 ***
1.488 Last
1.483 ***
1.48 ***
1.476 **