• GBP/USD Intraday: key resistance at 1.2615.


    GBP/USD Intraday: key resistance at 1.2615.

    Pivot: 1.2615

    Most Likely Scenario: short positions below 1.2615 with targets at 1.2550 & 1.2510 in extension.

    Alternative scenario: above 1.2615 look for further upside with 1.2655 & 1.2700 as targets.

    Comment: as long as 1.2615 is resistance, expect a return to 1.2550.



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