GBP Trading Outlook (31-03-2016)
GBP/USD Intraday: caution
Pivot: 1.4355
Our preference: long positions above 1.4355 with targets @ 1.4455 & 1.4515 in extension.
Alternative scenario: below 1.4355 look for further downside with 1.4305 & 1.4260 as targets.
Comment: intraday technical indicators are mixed and call for caution.
Supports and resistances:
1.4570 **
1.4515 ***
1.4455 ***
1.4358 Last
1.4355 ***
1.4305 ***
1.4260 ***