Tanalys

GBP/USD intraday: key ST resistance at 1.623.

Pivot: 1.623

Our preference: Short positions below 1.623 with targets @ 1.611 1.608 in extension.

Alternative scenario: Above 1.623 look for further upside with 1.626 1.629 as targets.

Comment: as long as the resistance at 1.623 is not surpassed, the risk of the break below 1.611 remains high.

Key levels

1.629

1.626

1.623

1.6196 last

1.611

1.608

1.604

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