Tanalys

GBP/USD Intraday: key resistance at 1.507.

Pivot: 1.507

Our preference: Short positions below 1.507 with targets @ 1.501 1.499 in extension.

Alternative scenario: Above 1.507 look for further upside with 1.5105 1.5135 as targets.

Comment: The upward potential is likely to be limited by the resistance at 1.507.

Supports and resistances:

1.5135 ***

1.5105 ***

1.507 ***

1.506 Last

1.501 **

1.499 **

1.497 ***

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