GBP Trading Outlook (30-03-2016)

GBP/USD Intraday: the upside prevails.

Pivot: 1.4260

Our preference: long positions above 1.4260 with targets @ 1.4405 & 1.4455 in extension.

Alternative scenario: below 1.4260 look for further downside with 1.4225 & 1.4190 as targets.

Comment: the RSI is bullish and calls for further upside.

Supports and resistances:
1.4515 **
1.4455 *
1.4405 **
1.4384 Last
1.4260 **
1.4225 **
1.4190 ***

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