• GBP/USD Intraday: the downside prevails.

    GBP/USD Intraday: the downside prevails.

       
      Pivot: 1.4385

    Most Likely Scenario: short positions below 1.4385 with targets @ 1.4285 & 1.4240 in extension.

    Alternative scenario: above 1.4385 look for further upside with 1.4420 & 1.4460 as targets.

    Comment: as long as 1.4385 is resistance, look for choppy price action with a bearish bias.

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