Tanalys

GBP/USD intraday: consolidation in place.

Pivot: 1.5605

Our preference: Short positions below 1.5605 with targets @ 1.547 1.5445 in extension.

Alternative scenario: Above 1.5605 look for further upside with 1.5675 1.574 as targets.

Comment: the pair has broken below the lower boundary of a bullish channel.

Key levels

1.574

1.5675

1.5605

1.5524 last

1.547

1.5445

1.541

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