Tanalys

GBP/USD intraday: under pressure.

Pivot: 1.5175

Our preference: Short positions below 1.5175 with targets @ 1.509 1.506 in extension.

Alternative scenario: Above 1.5175 look for further upside with 1.522 1.526 as targets.

Comment: the pair has broken below its support and should face further weakness as the RSI is badly directed.

Key levels

1.526

1.522

1.5175

1.513 last

1.509

1.506

1.502

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