Tanalys

GBP/USD Intraday: bullish bias above 1.5625.

Pivot: 1.5625

Our preference: Long positions above 1.5625 with targets @ 1.5685 1.5735 in extension.

Alternative scenario: Below 1.5625 look for further downside with 1.559 1.555 as targets.

Comment: The pair is rebounding above its support.

Supports and resistances:

1.5785

1.5735

1.5685

1.5673 Last

1.5625

1.559

1.555

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