GBP Trading Outlook (05-02-2016)

GBP/USD Intraday: intraday support around 1.451.
Pivot: 1.451

Our preference: long positions above 1.451 with targets @ 1.466 & 1.4715 in extension.

Alternative scenario: below 1.451 look for further downside with 1.448 & 1.444 as targets.

Comment: the RSI is mixed and calls for caution.

Supports and resistances:
1.4815 **
1.4715 ***
1.466 **
1.4601 Last
1.451 ***
1.448 **
1.444 **

Ticker : GBP
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