GBP/USD Intraday: under pressure.

GBP/USD (GBP/USD)
-0.00091-0.07%
short positions below 1.3570 with targets at 1.3500 & 1.3475 in extension.
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Pivot: 1.3570

Our preference: short positions below 1.3570 with targets at 1.3500 & 1.3475 in extension.

Alternative scenario: above 1.3570 look for further upside with 1.3600 & 1.3630 as targets.

Comment: as long as 1.3570 is resistance, likely decline to 1.3500.

Supports and resistances:
1.3630
1.3600
1.3570
1.3532 Last
1.3500
1.3475
1.3450

Disclaimer: References, analysis and trading strategies are provided by the third-party provider, Trading Central, and the point of view is based on the independent assessment and judgment of the analyst, without considering the investment objectives and financial situation of the investors. All strategic opinions do not constitute investment advice or recommendations and are for references only. Our company also does not guarantee the accuracy of the strategic views and does not take any responsibility for the negative results caused by the trading strategies.
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