Tanalys

GBP/USD Intraday: key resistance at 1.487.

Pivot: 1.487

Our preference: short positions below 1.487 with targets @ 1.478 1.476 in extension.

Alternative scenario: above 1.487 look for further upside with 1.4915 1.4945 as targets.

Comment: even though a continuation of the technical rebound cannot be ruled out, its extent should be limited.

Supports and resistances:

1.4945 ***

1.4915 **

1.487 **

1.4828 Last

1.478 **

1.476 **

1.474 **

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