Tanalys

GBP/USD intraday: limited upside.

Pivot: 1.518

Our preference: Long positions above 1.518 with targets @ 1.5255 1.528 in extension.

Alternative scenario: Below 1.518 look for further downside with 1.5155 1.511 as targets.

Comment: the RSI is supported by a bullish trend line.

Key levels

1.533

1.528

1.5255

1.522 last

1.518

1.5155

1.511

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