GBP/USD Intraday: the upside prevails.

GBP/USD (GBP/USD)
+0.01463+1.10%
long positions above 1.3310 with targets at 1.3465 & 1.3500 in extension.
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Pivot: 1.3310

Our preference: long positions above 1.3310 with targets at 1.3465 & 1.3500 in extension.

Alternative scenario: below 1.3310 look for further downside with 1.3265 & 1.3230 as targets.

Comment: the break above 1.3310 is a positive signal that has opened a path to 1.3465.

Supports and resistances:
1.3530
1.3500
1.3465
1.3398 Last
1.3310
1.3265
1.3230

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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