GBP/USD Intraday: the downside prevails.
GBP/USD (GBP/USD)
+0.00145+0.11%
short positions below 1.3655 with targets at 1.3590 & 1.3570 in extension.
Pivot: 1.3655
Our preference: short positions below 1.3655 with targets at 1.3590 & 1.3570 in extension.
Alternative scenario: above 1.3655 look for further upside with 1.3680 & 1.3710 as targets.
Comment: as long as 1.3655 is resistance, look for choppy price action with a bearish bias.
Supports and resistances:
1.3710
1.3680
1.3655
1.3620 Last
1.3590
1.3570
1.3550
Our preference: short positions below 1.3655 with targets at 1.3590 & 1.3570 in extension.
Alternative scenario: above 1.3655 look for further upside with 1.3680 & 1.3710 as targets.
Comment: as long as 1.3655 is resistance, look for choppy price action with a bearish bias.
Supports and resistances:
1.3710
1.3680
1.3655
1.3620 Last
1.3590
1.3570
1.3550
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