Tanalys

GBP/USD intraday: bullish bias above 1.512.

Pivot: 1.512

Our preference: Long positions above 1.512 with targets @ 1.525 1.529 in extension.

Alternative scenario: Below 1.512 look for further downside with 1.507 1.503 as targets.

Comment: a support base at 1.512 has formed and has allowed for a temporary stabilisation.

Key levels

1.533

1.529

1.525

1.5177 last

1.512

1.507

1.503

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