Tanalys

GBP/USD intraday: capped by a negative trend line.

Pivot: 1.531

Our preference: Short positions below 1.531 with targets @ 1.5215 1.519 in extension.

Alternative scenario: Above 1.531 look for further upside with 1.5385 1.544 as targets.

Comment: the RSI is bearish and calls for further downside.

Key levels

1.544

1.5385

1.531

1.5223 last

1.5215

1.519

1.516

Copyright 1999 – 2013 TRADING CENTRAL

Exit mobile version