Tanalys

GBP/USD Intraday: intraday support around 1.5835.

Pivot: 1.5835

Our preference: Long positions above 1.5835 with targets @ 1.593 1.5985 in extension.

Alternative scenario: Below 1.5835 look for further downside with 1.575 1.5675 as targets.

Comment: A support base at 1.5835 has formed and has allowed for a temporary stabilisation.

Supports and resistances:

1.604 **

1.5985 **

1.593 **

1.5866 Last

1.5835 ***

1.575 **

1.5675 ***

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