GBP Trading Outlook (21-12-2015)

GBP/USD

Pivot: 1.566

Our preference: short positions below 1.566 with targets @ 1.485 & 1.456 in extension.

Alternative scenario: above 1.566 look for further upside with 1.594 & 1.619 as targets.

Comment: a break below 1.485 would trigger a drop towards 1.456.

Supports and resistances:
1.619 **
1.594 ***
1.566 ***
1.4909 Last
1.485 ***
1.456 **
1.423 ***

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.