Our Preference: SHORT positions below 1.599 with 1.591 & 1.588 in sight.
Alternative scenario: The upside penetration of 1.599 will call for a rebound towards 1.604 & 1.6065.
Comment: the pair remains within a bearish channel.
GBP/USD intraday: under pressure.
Pivot: 1.5990.
Our Preference: SHORT positions below 1.599 with 1.591 & 1.588 in sight.
Alternative scenario: The upside penetration of 1.599 will call for a rebound towards 1.604 & 1.6065.
Comment: the pair remains within a bearish channel.
Our Preference: SHORT positions below 1.599 with 1.591 & 1.588 in sight.
Alternative scenario: The upside penetration of 1.599 will call for a rebound towards 1.604 & 1.6065.
Comment: the pair remains within a bearish channel.
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