GBP/USD Intraday: key resistance at 1.3410.
GBP/USD (GBP/USD)
-0.00732-0.55%
short positions below 1.3410 with targets at 1.3335 & 1.3300 in extension.
Pivot: 1.3410
Our preference: short positions below 1.3410 with targets at 1.3335 & 1.3300 in extension.
Alternative scenario: above 1.3410 look for further upside with 1.3440 & 1.3465 as targets.
Comment: even though a continuation of the technical rebound cannot be ruled out, its extent should be limited.
Supports and resistances:
1.3465 **
1.3440 ***
1.3410 ***
1.3381 Last
1.3335 ***
1.3300 ***
1.3265 **
Our preference: short positions below 1.3410 with targets at 1.3335 & 1.3300 in extension.
Alternative scenario: above 1.3410 look for further upside with 1.3440 & 1.3465 as targets.
Comment: even though a continuation of the technical rebound cannot be ruled out, its extent should be limited.
Supports and resistances:
1.3465 **
1.3440 ***
1.3410 ***
1.3381 Last
1.3335 ***
1.3300 ***
1.3265 **
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