Tanalys

GBP/USD intraday: key ST resistance at 1.629.

Pivot: 1.629

Our preference: Short positions below 1.629 with targets @ 1.6195 1.617 in extension.

Alternative scenario: Above 1.629 look for further upside with 1.6335 1.636 as targets.

Comment: the upward potential is likely to be limited by the resistance at 1.629.

Key levels

1.636

1.6335

1.629

1.6268 last

1.6195

1.617

1.613

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