Tanalys

GBP/USD Intraday: bullish bias above 1.514.

Pivot: 1.514

Our preference: Long positions above 1.514 with targets @ 1.5245 1.529 in extension.

Alternative scenario: Below 1.514 look for further downside with 1.5105 1.508 as targets.

Comment: The RSI lacks downward momentum.

Supports and resistances:

1.5325 ***

1.529 ***

1.5245 ***

1.5187 Last

1.514 **

1.5105 ***

1.508 ***

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