GBP Trading Outlook (15-12-2015)

 

GBP/USD

Pivot: 1.5205

Likely scenario: short positions below 1.5205 with targets @ 1.508 & 1.5035 in extension.

Alternative scenario: above 1.5205 look for further upside with 1.5245 & 1.531 as targets.

Comment: the RSI is badly directed.

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