Tanalys

GBP/USD intraday: bullish bias above 1.5205.

Pivot: 1.5205

Our preference: Long positions above 1.5205 with targets @ 1.528 1.533 in extension.

Alternative scenario: Below 1.5205 look for further downside with 1.5155 1.511 as targets.

Comment: a support base at 1.5205 has formed and has allowed for a temporary stabilisation.

Key levels

1.538

1.533

1.528

1.5243 last

1.5205

1.5155

1.511

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