Tanalys

GBP/USD Intraday: bullish bias above 1.638.

Pivot: 1.638

Our preference: Long positions above 1.638 with targets @ 1.644 1.6485 in extension.

Alternative scenario: Below 1.638 look for further downside with 1.635 1.631 as targets.

Comment: technically, the RSI is above its neutrality area at 50. The pair stands above a strong support and remains on the upside.

Supports and resistances:

1.652

1.6485

1.644

1.6417 Last

1.638

1.635

1.631

Copyright 1999 – 2014 TRADING CENTRAL

Exit mobile version