Tanalys

GBP/USD Intraday: the downside prevails.

Pivot: 1.644

Our preference: Short positions below 1.644 with targets @ 1.6295 1.625 in extension.

Alternative scenario: Above 1.644 look for further upside with 1.648 1.6525 as targets.

Comment: the RSI is bearish and calls for further downside.

Supports and resistances:

1.6525

1.648

1.644

1.6391 Last

1.6295

1.625

1.621

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