Tanalys

GBP/USD Intraday: bullish bias above 1.6205.

Pivot: 1.6205

Our preference: Long positions above 1.6205 with targets @ 1.6275 1.634 in extension.

Alternative scenario: Below 1.6205 look for further downside with 1.617 1.614 as targets.

Comment: The RSI is mixed and calls for caution.

Supports and resistances:

1.639

1.634

1.6275

1.626 Last

1.6205

1.617

1.614

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