Tanalys

GBP/USD Intraday: key resistance at 1.611.

Pivot: 1.611

Our preference: Short positions below 1.611 with targets @ 1.599 1.595 in extension.

Alternative scenario: Above 1.611 look for further upside with 1.615 1.6185 as targets.

Comment: The upward potential is likely to be limited by the resistance at 1.611.

Supports and resistances:

1.6185

1.615

1.611

1.6087 Last

1.599

1.595

1.5915

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