GBP/USD intraday: the upside prevails.
Update on supports and resistances.
Pivot: 1.5600.
Our Preference: LONG positions @ 1.562 with 1.574 & 1.58 in sight.
Alternative scenario: The downside breakout of 1.56 will open the way
to 1.5535 & 1.5465.
Comment: the break above 1.56 is a positive signal that has opened a
path to 1.574.
Trend: ST Ltd Downside; MT Range
Key levels Comment
1.583** Fib projection
1.58*** Fib projection
1.574*** Intraday resistance
1.5706 Last
1.56** Intraday pivot point
1.5535** Intraday support
1.5465*** Intraday support
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