GBP Trading Outlook (11-02-2016)

GBP/USD Intraday: the upside prevails.

Pivot: 1.4435

Our preference: long positions above 1.4435 with targets @ 1.4570 & 1.4615 in extension.

Alternative scenario: below 1.4435 look for further downside with 1.4375 & 1.4325 as targets.

Comment: the RSI is bullish and calls for further upside.

Supports and resistances:
1.4650 **
1.4615 **
1.4570 **
1.4531 Last
1.4435 ***
1.4375 ***
1.4325 **

Back to GBP Trading Outlook Archive

join THOUSANDS OF other people
who trade with easymarkets

Two minutes is all it takes.

You're almost there!

Finish your application and start trading today.

DON'T MISS A TRADING OPPORTUNITY

Two minutes is all it takes.