GBP Trading Outlook (11-04-2016)

Trade GBP/USD Intraday: further advance.

Pivot: 1.4050

Our preference: long positions above 1.4050 with targets @ 1.4170 & 1.4245 in extension.

Alternative scenario: below 1.4050 look for further downside with 1.4005 & 1.3945 as targets.

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

Supports and resistances:
1.4320 ***
1.4245 ***
1.4170 ***
1.4125 Last
1.4050 ***
1.4005 **
1.3945 ***

Ticker : GBP
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