Trading-Log
Short

GBP/USD Intraday: under pressure.

FX:GBPUSD   BRITISH POUND / U.S. DOLLAR
54 0 0
Pivot: 1.4480

Our preference: short positions below 1.4480 with targets @ 1.4365 & 1.4310 in extension.

Alternative scenario: above 1.4480 look for further upside with 1.4530 & 1.4575 as targets.

Comment: a break below 1.4365 would trigger a drop towards 1.4310.

Supports and resistances:
1.4575 ***
1.4530 ***
1.4480 ***
1.43999 Last
1.4365 ***
1.4310 ***
1.4240 ***
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