GBP/USD: Trading Central: Short positions below 1.5385 with targets @ 1.5265

GBP/USD: Trading Central: Pivot: 1.5385

Our preference: Short positions below 1.5385 with targets @ 1.5265 & 1.5215 in extension.

Alternative scenario: Above 1.5385 look for further upside with 1.544 & 1.551 as targets.

Comment: As long as the resistance at 1.5385 is not surpassed, the risk of the break below 1.5265 remains high.

 Varchev Traders

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