GBP/USD intraday: capped by a negative trend line.
Update on supports and resistances.
Pivot: 1.5515.
Our Preference: SHORT positions @ 1.5505 with 1.545 & 1.5425 in sight.
Alternative scenario: The upside breakout of 1.5515 will open the way
to 1.555 & 1.558.
Comment: the pair and the RSI are capped by bearish trend lines.
Trend: ST Ltd Downside; MT Range
Key levels Comment
1.558** Intraday resistance
1.555** Intraday resistance
1.5515*** Intraday pivot point
1.5488 Last
1.545*** Intraday support
1.5425** Intraday support
1.54** Intraday support
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