Tanalys

GBP/USD intraday: bullish bias above 1.5075

Pivot: 1.5075.

Our preference: LONG positions above 1.5075 with 1.5185 1.522 as next targets.

Alternative scenario: The downside penetration of 1.5075 will call for 1.5025 1.498.

Comment: the RSI lacks downward momentum.

Trend: ST Ltd Downside; MT Range

Key levels Comment

1.53** Intraday resistance

1.522** Intraday resistance

1.5185** Intraday resistance

1.5116 Last

1.5075*** Intraday pivot point

1.5025** Intraday support

1.498** Intraday support

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