Tanalys

GBP/USD Intraday: key resistance at 1.548.

Pivot: 1.548

Our preference: Short positions below 1.548 with targets @ 1.536 1.5325 in extension.

Alternative scenario: Above 1.548 look for further upside with 1.551 1.5555 as targets.

Comment: As long as 1.548 is resistance, likely decline to 1.536.

Supports and resistances:

1.5555 ***

1.551 **

1.548 ***

1.5435 Last

1.536 **

1.5325 ***

1.527 ***

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