GBP Trading Outlook (29-01-2016)

GBP/USD Intraday: the upside prevails.
Pivot: 1.4275

Our preference: long positions above 1.4275 with targets @ 1.44 & 1.4425 in extension.

Alternative scenario: below 1.4275 look for further downside with 1.4235 & 1.4175 as targets.

Comment: the RSI is well directed.

Supports and resistances:
1.447 ***
1.4425 ***
1.44 **
1.4385 Last
1.4275 ***
1.4235 ***
1.4175 ***

Ticker : GBP
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