Tanalys

GBP/USD intraday: intraday support around 1.5885.

Pivot: 1.5885

Our preference: Long positions above 1.5885 with targets @ 1.5955 1.5995 in extension.

Alternative scenario: Below 1.5885 look for further downside with 1.5835 1.5775 as targets.

Comment: a support base at 1.5885 has formed and has allowed for a temporary stabilisation.

Key levels

1.603

1.5995

1.5955

1.5892 last

1.5885

1.5835

1.5775

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