GBP USD weekly outlook 12 to 16 oct 2015

GBP USD this week closed at 1.5306 with gain.
 
On weekly chart price trend is down.
with bullish strong recovery patterns.
weekly RSI is around 47 and heading for breakout.
 
GBP USD weekly support zones will be 1.5120 and 1.4850.
and GBP USD weekly resistance zones will be 1.5380 and 1.5480.
 
For this week , pound dollar trading call is
buy around 1.5120 with stop loss 1.50 for
target 1.5380 and then 1.5480.

The Author

Pramod Baviskar

Professional Market Trader And Owner Of Dalal Street Winners Advisory And Coaching Services. Working Since 2007 And Online Presence Since 2010. We Provide Highly Accurate And Professional 1 Entry And 1 Exit Future, Option, Commodity, Currency And Intraday Stock Tips On Whatsapp With Live Support And Follow Up.
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