GBP Trading Outlook (15-03-2016)
GBP/USD Intraday: under pressure
Pivot: 1.4390
Our preference: short positions below 1.4390 with targets @ 1.4277 & 1.4250 in extension.
Alternative scenario: above 1.4390 look for further upside with 1.4440 & 1.4470 as targets.
Comment: the RSI is mixed to bearish.
Supports and resistances:
1.4470 ***
1.4440 ***
1.4390 ***
1.4314 Last
1.4277 ***
1.4250 ***
1.4180 ***