Tanalys

GBP/USD Intraday: bullish bias above 1.4245.

Pivot: 1.4245

Our preference: long positions above 1.4245 with targets @ 1.431 1.436 in extension.

Alternative scenario: below 1.4245 look for further downside with 1.42 1.4165 as targets.

Comment: a support base at 1.4245 has formed and has allowed for a temporary stabilisation.

Supports and resistances:

1.44 ***

1.436 ***

1.431 ***

1.4266 Last

1.4245 ***

1.42 ***

1.4165 ***

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