Tanalys

GBP/USD intraday: key ST resistance at 1.6065.

Pivot: 1.6065

Our preference: Short positions below 1.6065 with targets @ 1.598 1.595 in extension.

Alternative scenario: Above 1.6065 look for further upside with 1.61 1.6165 as targets.

Comment: the upward potential is likely to be limited by the resistance at 1.6065.

Key levels

1.6165

1.61

1.6065

1.6037 last

1.598

1.595

1.591

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