Tanalys

GBP/USD intraday: key ST resistance at 1.632.

Pivot: 1.632

Our preference: Short positions below 1.632 with targets @ 1.6255 1.623 in extension.

Alternative scenario: Above 1.632 look for further upside with 1.636 1.6385 as targets.

Comment: the upward potential is likely to be limited by the resistance at 1.632.

Key levels

1.6385

1.636

1.632

1.6305 last

1.6255

1.623

1.6195

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