Tanalys

GBP/USD intraday: bullish bias above 1.588.

Pivot: 1.588

Our preference: Long positions above 1.588 with targets @ 1.593 1.597 in extension.

Alternative scenario: Below 1.588 look for further downside with 1.583 1.577 as targets.

Comment: the RSI is mixed with a bullish bias.

Key levels

1.6035

1.597

1.593

1.5901 last

1.588

1.583

1.577

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