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 ***