Tanalys

GBP/USD Intraday: key resistance at 1.575.

Pivot: 1.575

Our preference: Short positions below 1.575 with targets @ 1.563 1.558 in extension.

Alternative scenario: Above 1.575 look for further upside with 1.58 1.5865 as targets.

Comment: As long as the resistance at 1.575 is not surpassed, the risk of the break below 1.563 remains high.

Supports and resistances:

1.5865 **

1.58 **

1.575 ***

1.5707 Last

1.563 **

1.558 **

1.554 ***

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