GBP Trading Outlook (27-01-2016)
GBP/USD Intraday: the upside prevails
Pivot: 1.4265
Our preference: long positions above 1.4265 with targets @ 1.4395 & 1.4425 in extension.
Alternative scenario: below 1.4265 look for further downside with 1.4175 & 1.4125 as targets.
Comment: the RSI is well directed.
Supports and resistances:
1.4475 ***
1.4425 **
1.4395 ***
1.436 Last
1.4265 ***
1.4175 ***
1.4125 ***
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