GBP/USD

2015-09-18

Pivot: 1.555

Our preference: Long positions above 1.555 with targets @ 1.568 & 1.572 in extension.

Alternative scenario: Below 1.555 look for further downside with 1.549 & 1.545 as targets.

Comment: The break above 1.555 is a positive signal that has opened a path to 1.568.

Supports and resistances:
1.575 **
1.572 **
1.568 *
1.5630 Last
1.555 ***
1.549 **
1.545 **