Tanalys

GBP/USD ST: turning down.

Pivot: 1.555

Our preference: Short positions below 1.555 with targets @ 1.485 1.456 in extension.

Alternative scenario: Above 1.555 look for further upside with 1.5825 1.619 as targets.

Comment: The RSI has broken down its 30 level.

Supports and resistances:

1.619 *

1.5825 **

1.555 ***

1.5198 Last

1.485 **

1.456 **

1.422 **

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