GBP Trading Outlook (15-01-2016)
GBP/USD Intraday: caution
Pivot: 1.435
Our preference: long positions above 1.435 with targets @ 1.4475 & 1.4515 in extension.
Alternative scenario: below 1.435 look for further downside with 1.43 & 1.4225 as targets.
Comment: the RSI is mixed to bullish.
Supports and resistances:
1.456 **
1.4515 ***
1.4475 ***
1.4412 Last
1.435 **
1.43 *
1.4225 *