Tanalys

GBP/USD Intraday: key resistance at 1.5205.

Pivot: 1.5205

Our preference: short positions below 1.5205 with targets @ 1.5105 1.508 in extension.

Alternative scenario: above 1.5205 look for further upside with 1.5245 1.531 as targets.

Comment: the upward potential is likely to be limited by the resistance at 1.5205.

Supports and resistances:

1.531 **

1.5245 ***

1.5205 ***

1.5172 Last

1.5105 ***

1.508 ***

1.5035 **

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