Tanalys

GBP/USD intraday: key ST resistance at 1.602.

Pivot: 1.602

Our preference: Short positions below 1.602 with targets @ 1.5955 1.593 in extension.

Alternative scenario: Above 1.602 look for further upside with 1.6065 1.611 as targets.

Comment: as long as 1.602 is resistance, likely decline to 1.5955.

Key levels

1.611

1.6065

1.602

1.5999 last

1.5955

1.593

1.588

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