Tanalys

GBP/USD Intraday: key resistance at 1.5395.

Pivot: 1.5395

Our preference: Short positions below 1.5395 with targets @ 1.529 1.525 in extension.

Alternative scenario: Above 1.5395 look for further upside with 1.545 1.55 as targets.

Comment: As long as 1.5395 is resistance, look for choppy price action with a bearish bias.

Supports and resistances:

1.55 **

1.545 **

1.5395 ***

1.5354 Last

1.529 **

1.525 ***

1.52 **

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