Tanalys

GBP/USD Intraday: key resistance at 1.562.

Pivot: 1.562

Our preference: Short positions below 1.562 with targets @ 1.558 1.554 in extension.

Alternative scenario: Above 1.562 look for further upside with 1.568 1.574 as targets.

Comment: As long as the resistance at 1.562 is not surpassed, the risk of the break below 1.558 remains high.

Supports and resistances:

1.574 **

1.568 **

1.562 ***

1.5589 Last

1.558 **

1.554 ***

1.5485 **

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