Tanalys

GBP/USD intraday: towards 1.61.

Pivot: 1.6

Our preference: Long positions above 1.6 with targets @ 1.607 1.61 in extension.

Alternative scenario: Below 1.6 look for further downside with 1.5965 1.591 as targets.

Comment: the break above the resistance at 1.6 triggered an upward acceleration to 1.607.

Key levels

1.612

1.61

1.607

1.6034 last

1.6

1.5965

1.591

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