GBP Trading Outlook (06-08-2015)
GBPUSD
Pivot: 1.556
Likely scenario: Long positions above 1.556 with targets @ 1.565 & 1.568 in extension.
Alternative scenario: Below 1.556 look for further downside with 1.5525 & 1.55 as targets.
Comment: The RSI is well directed.
