Tanalys

GBP/USD Intraday: key resistance at 1.4845.

Pivot: 1.4845

Our preference: Short positions below 1.4845 with targets @ 1.4765 1.47 in extension.

Alternative scenario: Above 1.4845 look for further upside with 1.491 1.495 as targets.

Comment: The RSI lacks upward momentum. The pair has struck against the key resistance and remains on the downside.

Supports and resistances:

1.495 ***

1.491 ***

1.4845 ***

1.4827 Last

1.4765 **

1.47 **

1.4635 *

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