Tanalys

GBP/USD ST: rebound.

Pivot: 1.456

Our preference: Long positions above 1.456 with targets @ 1.584 1.605 in extension.

Alternative scenario: Below 1.456 look for further downside with 1.423 1.395 as targets.

Comment: The pair has broken above its resistance and remains on the upside.

Supports and resistances:

1.6525 ***

1.605 **

1.584 ***

1.5641 Last

1.456 ***

1.423 ***

1.395 ***

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