Tanalys

GBP/USD Intraday: bullish bias above 1.5075.

Pivot: 1.5075

Our preference: Long positions above 1.5075 with targets @ 1.516 1.519 in extension.

Alternative scenario: Below 1.5075 look for further downside with 1.505 1.5 as targets.

Comment: The RSI lacks downward momentum.

Supports and resistances:

1.523 ***

1.519 ***

1.516 ***

1.5095 Last

1.5075 ***

1.505 ***

1.5 ***

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