Tanalys

GBP/USD intraday: key ST resistance at 1.54.

Pivot: 1.54

Our preference: Short positions below 1.54 with targets @ 1.527 1.524 in extension.

Alternative scenario: Above 1.54 look for further upside with 1.5465 1.553 as targets.

Comment: as long as 1.54 is resistance, look for choppy price action with a bearish bias.

Key levels

1.553

1.5465

1.54

1.5342 last

1.527

1.524

1.518

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