Tanalys

GBP/USD Intraday: key resistance at 1.508.

Pivot: 1.508

Our preference: Short positions below 1.508 with targets @ 1.496 1.491 in extension.

Alternative scenario: Above 1.508 look for further upside with 1.514 1.521 as targets.

Comment: As long as 1.508 is resistance, look for choppy price action with a bearish bias.

Supports and resistances:

1.521 ***

1.514 ***

1.508 ***

1.5063 Last

1.496 ***

1.491 ***

1.4855 ***

Copyright 1999 – 2015 TRADING CENTRAL

Exit mobile version