Tanalys

GBP/USD Intraday: key resistance at 1.6125.

Pivot: 1.6125

Our preference: Short positions below 1.6125 with targets @ 1.606 1.602 in extension.

Alternative scenario: Above 1.6125 look for further upside with 1.618 1.622 as targets.

Comment: The pair has broken below its previous low and remains under pressure.

Supports and resistances:

1.622

1.618

1.6125

1.6075 Last

1.606

1.602

1.598

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