Tanalys

GBP/USD Intraday: bullish bias above 1.541.

Pivot: 1.541

Our preference: Long positions above 1.541 with targets @ 1.5465 1.551 in extension.

Alternative scenario: Below 1.541 look for further downside with 1.537 1.5325 as targets.

Comment: A support base at 1.541 has formed and has allowed for a temporary stabilisation.

Supports and resistances:

1.5565 **

1.551 ***

1.5465 ***

1.5440 Last

1.541 ***

1.537 **

1.5325 **

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