GBP/USD Intraday: choppy.
GBP/USD (GBP/USD)
+0.00297+0.22%
short positions below 1.3515 with targets at 1.3480 & 1.3460 in extension.
Pivot: 1.3515
Our preference: short positions below 1.3515 with targets at 1.3480 & 1.3460 in extension.
Alternative scenario: above 1.3515 look for further upside with 1.3535 & 1.3555 as targets.
Comment: as long as 1.3515 is resistance, look for choppy price action with a bearish bias.
Supports and resistances:
1.3555
1.3535
1.3515
1.3496 Last
1.3480
1.3460
1.3440
Our preference: short positions below 1.3515 with targets at 1.3480 & 1.3460 in extension.
Alternative scenario: above 1.3515 look for further upside with 1.3535 & 1.3555 as targets.
Comment: as long as 1.3515 is resistance, look for choppy price action with a bearish bias.
Supports and resistances:
1.3555
1.3535
1.3515
1.3496 Last
1.3480
1.3460
1.3440
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