GBP Trading Outlook (04-02-2016)

 GBP/USD Intraday: caution.

Pivot: 1.452

Our preference: long positions above 1.452 with targets @ 1.464 & 1.4685 in extension.

Alternative scenario: below 1.452 look for further downside with 1.444 & 1.438 as targets.

Comment: the RSI is mixed and calls for caution.

Supports and resistances:
1.4715 **
1.4685 **
1.464 **
1.4606 Last
1.452 ***
1.444 **
1.438 **

Ticker : GBP
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