Tanalys

GBP/USD Intraday: key resistance at 1.501.

Pivot: 1.501

Our preference: Short positions below 1.501 with targets @ 1.48 1.471 in extension.

Alternative scenario: Above 1.501 look for further upside with 1.5095 1.5165 as targets.

Comment: The RSI lacks upward momentum. The pair is posting a rebound but stands below its resistance.

Supports and resistances:

1.5165 **

1.5095 ***

1.501 ***

1.4968 Last

1.48 ***

1.471 ***

1.4625 ***

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