Tanalys

GBP/USD intraday: intraday support around 1.505.

Pivot: 1.505

Our preference: Long positions above 1.505 with targets @ 1.5155 1.522 in extension.

Alternative scenario: Below 1.505 look for further downside with 1.501 1.4955 as targets.

Comment: a support base at 1.505 has formed and has allowed for a temporary stabilisation.

Key levels

1.526

1.522

1.5155

1.508 last

1.505

1.501

1.4955

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